Specialty retail company Inox Leisure announced Q2FY23 results: Revenues reported at Rs 381 crore, EBITDA at Rs 3 crore and PAT at Rs (22) crore The company reported an Average Ticket Price of Rs 215 The company reported its highest-ever quarterly Spends Per Head at Rs 102 116 lakhs guests visited INOX cinemas in Q2’FY23 giving an occupancy rate of 17% The company added 02 new properties with 13 screens in Q2’FY23; 10 screen INOX Megaplex at Emerald Mall, Lucknow, and 3 screen multiplex at Srinagar INOX Srinagar is the first multiplex in the Kashmir region INOX now operates 705 screens across 165 multiplexes in 74 cities The company added 30 screens in H1FY23, the highest screen addition in Industry Screen addiction to continuing in FY23 with 11 properties and 47 screens in the pipeline. The company proposes to acquire Chennai City’s largest multiplex ‘Luxe Cinema’, subject to necessary approvals Awarded as Most Admired Retailer at MAPIC India Retail Awards 2022 and as Best Multiplex Chain of the Year at IMAX Big Cine Awards 2022 Company has strong liquidity of Rs 292 crore (including undrawn limits of Rs 125 crore) as on 16th October 2022 and also continues to remain net debt free. Siddharth Jain, Director – INOX Leisure Ltd says, “Pandemic has taught us to remain battle-fit and come up with answers to difficult situations. The 2nd Quarter of FY23 was impacted by the inconsistency in the content value chain, proving the importance of great quality content yet again. We are delighted with our promising performance on the F&B; front with our highest ever Quarterly Spends Per Head. Our foray in Kashmir with the region’s first multiplex marked the revival of cinemas in the valley, and we are quite upbeat about this historic launch, which underlines our desire to entertain India across its length and breadth. The spectacular content pipeline, the festive fervour and our consistent rigor will certainly mark a celebratory 3rd Quarter for us.” Result PDF