PVR Ltd Q2 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Urmil Shah - Haitong International Research Limited - Analyst : Yes. My first question was, given that there would be a bunching of movies, what would you as a largest industry player would be requesting the state governments to first increase the number of -- or the time lines to getting more shows? Or you would first want the occupancy levels to be allowed to be increased?

Question: Urmil Shah - Haitong International Research Limited - Analyst : sure. My next question was on the negotiation with our development -- developer partners. You mentioned that the negotiations are done with almost 80% of our partners. So what have been the areas of favorable -- I mean, higher proportion moving to revenue share? That's been the kind of waiver we have got for the rest of the year? If further details on that would be put through.

Question: Urmil Shah - Haitong International Research Limited - Analyst : Sure. And just related to the costs, maybe in FY '23 or -- where there is a good chance that we can see normalization, would we still maintain that we can see savings of 10% to 12% on the costs x of rental for the company?

Question: Urmil Shah - Haitong International Research Limited - Analyst : So I was actually looking at the ex rental costs. Yes, that clarifies.