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.”

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