Cinepolis India slipped into losses in FY25 as a sluggish film slate and delayed global releases weighed heavily on the country’s multiplex business. The operator reported a net loss of ₹61 crore for the year ended March 2025, compared with a profit of ₹32 crore in the previous fiscal, according to regulatory filings accessed from Tofler.
Revenue from operations dropped 7.5 percent to ₹1,284 crore, down from ₹1,388 crore a year earlier. The company’s other income also saw a sharp decline, falling nearly threefold to ₹16 crore from ₹43 crore in FY24, reflecting a broader slowdown in ancillary earnings. Operating expenses, meanwhile, remained steady at ₹1,345 crore, suggesting that muted revenue growth, rather than rising costs, was the main drag on profitability.
Industry insiders say FY25 proved challenging for most multiplex operators as Hindi films failed to perform consistently at the box office. The year saw only a handful of major hits driving footfalls, while a large number of mid-budget releases underwhelmed. As a result, several production houses postponed new projects, leading to fewer theatrical releases and thinner content pipelines.
Cinepolis, like its peers, also felt the impact of global disruptions. Prolonged strikes by Hollywood writers and actors pushed several international releases to later dates, cutting into multiplex footfalls across urban centers. While regional cinema, particularly films from the South, continued to attract audiences, their performance was not enough to fully compensate for the shortfall in Hindi and English titles.
Cinepolis India, part of Mexico’s Cinepolis Group, operates one of the largest multiplex networks in the country. The company is now betting on a stronger content lineup in FY26 and improving consumer sentiment to help the business rebound after a year marked by weak box office trends and delayed international releases.
