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
Specialty retail company Inox Leisure announced Q1FY23 results: Company completed 20 years of its operations in the month of May 2022 Q1FY23 witnessed the best-ever quarterly performance in the history of the Company on the back of robust content line-up and rising footfalls Highest ever Quarterly Revenues reported at Rs 589 crore, highest ever EBITDA at Rs 130 crore and a highest ever PAT at Rs 74 crore Company reported its highest ever Average Ticket Price of Rs 229 Spends Per Head stood at Rs 96 18.4 million guests visited INOX cinemas in Q1FY23 Reported at Rs 30 crore, Advertising Revenues show steady recovery The company added 03 new properties with 17 screens in the Quarter, at AIPL Joystreet, Gurugram, Orchid Mall, Kalaburagi and Sattva Necklace Mall, Hyderabad INOX now operates 692 screens across 163 multiplexes in 73 cities Screen addition to continue in FY23 with 13 properties and 60 screens in pipeline. Mr. Siddharth Jain, Director – INOX Group says, “During the entire stretch of the pandemic, something which kept us hold the fort, was the belief in ourselves, our passionate moviegoers, our stakeholders and our teams. From enabling us to see through the pandemic, to charting our path out of it, this belief has driven us towards this historical & miraculous performance in Q1. While our best-ever quarter marks a moment of rejoice, we will also ensure that it keeps inspiring us to raise the bar, while maintaining a strong focus on customer-centricity, innovativeness and profitability. We are committed to stay ahead of the curve, and keep delighting our stakeholders with such magical performances. We could not have asked for a bigger celebration on completion of 20 glorious years of our Company’s operations.” Result PDF