Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

INOX Leisure Ltd reports a stupendous 42% growth in total revenue making Q2-FY20 a historic Quarter

Posted On: 2019-10-23 17:00:23

INOX Leisure Ltd (INOX) reported financials for the second quarter ending 30th September 2019. The results were taken on record by the Board of Directors today at a meeting held in Mumbai.

Highlights for Qtr 2 ended on 30th September 2019 (Year-on-Year basis)

- Launched Megaplex - World's First Multiplex With Maximum Formats under one roof at Inorbit Mall Malad, Mumbai

- 19 Mn tickets sold in the Quarter delivering a 39% growth in footfalls

- Total revenues rise 42% to Rs. 524 Crores.

- EBITDA more than doubled to Rs 107 Cr with a growth of 121% (excludes impact of Ind AS 116)

- Profit After Tax grows by a massive 327% to Rs. 51 Crores (excludes impact of Ind AS 116)

- F&B revenues grow by 48% at Rs.141 Cr
- Spends Per Head show 7% growth
- Advertising revenues stand at Rs. 40 Cr with a 5% growth
- Board declares an Interim Dividend of Rs 1 per equity share (10%)
- Addition of 27 new screens in the current FY takes count to 598 screens at 144 units

- Launched India's first 270-degreee multi-projection technology, ScreenX at Inorbit Mall Malad, Mumbai and Quest Mall, Kolkata

Building upon the practice of creating new benchmarks, INOX closed the 2nd Quarter of FY 2020 on a historic note with highest ever Footfalls, Revenues and EBITDA. Total Revenue rose to Rs 524 Cr with a substantial 42% growth, from Rs 369 Cr in the corresponding Quarter in FY19. INOX also hosted the highest number of guests in a Quarter with a stupendous Footfall count of 19 Mn, up 39%. EBITDA more than doubled to Rs. 107 Cr with a 121% growth and PAT stood at an impressive Rs 51 Cr, up 327% from previous year's 2nd Quarter. The Board has declared an Interim Dividend of Rs 1 per equity share (10%).

Content continued to be the decisive force behind the remarkable performance of the Quarter, with numerous movies doing extremely well at the Box Office. Mission Mangal, Super 30, The Lion King, Chhichhore, Saaho and Dream Girl were the top contributors. Batla House, Fast & Furious Presents Hobbs & Shaw and Spider Man - Far From Home also made significant contributions towards the record ticket sales. While content played its part, INOX's aggressive screen addition and efforts to take the cinema experience to new levels also added gleam to the historic performance.

INOX's emphasis on innovations and impeccable service in the F&B delivered historic revenue levels of Rs 141 Cr with a 48% growth.

The company has added 27 new screens in the FY20 so far, underlining Company's expansion focus. INOX continued its focus on technology and formats with the roll out of India's first 270-degree multi-projection ScreenX auditorium at Inorbit Mall Malad, Mumbai and Quest Mall, Kolkata.

Siddharth Jain, Director - INOX Group added, "At INOX, setting new benchmarks is now a routine, thanks to our consistently sharp focus on luxury, service and technology and our uncompromised desire to offer our patrons, nothing but the latest and the best! We are delighted with our remarkable consistency on all parameters, and we are sure about maintaining the momentum and focus on innovativeness. Content once again proved that why we term it as the 'hero'. Thanks to the creators of such spellbinding movies, which keep inviting our guests to our properties, and allowing us to pamper them with our signature hospitality. With the launch of Megaplex, we are delighted to further our endeavor of developing experience-driven cinema destinations of global standards, and we will continue to do so. On behalf of Team INOX, I assure all our stakeholders that we will continue to break barriers and exceed all expectations."

Making a global mark, INOX launched Megaplex - world's first multiplex with maximum formats under one roof, at Inorbit Mall Malad. Besides being an architectural marvel spread over 60,000 Sq Ft, the 11-screen spectacle is also a destination for connoisseurs of good food with numerous F&B concepts and cuisines.

Shares of INOX LEISURE LTD. was last trading in BSE at Rs.354.2 as compared to the previous close of Rs. 357.1. The total number of shares traded during the day was 62288 in over 2284 trades.

The stock hit an intraday high of Rs. 368.4 and intraday low of 350.75. The net turnover during the day was Rs. 22321098.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

The Yamuna Syndicate Ltd reports net profit of Rs. 5.33 crores in Q2

Shaily Engineering Plastics Ltd Q2 net profit improves QoQ

CESC Ltd consolidated Q2 FY20 PAT higher at Rs. 364 crores

R J Shah & Co. Ltd. Q2 net profit at Rs. 0.22 crore

Sakuma Exports Ltd consolidated Q2 net profit up QoQ, drops YoY

Shree Pushkar Chemicals & Fertilisers Ltd consolidated Q2 PAT at Rs. 8.10 crores

Windsor Machines Ltd consolidated PAT drops QoQ

VMS Industries Ltd consolidated Q2 net profit increases QoQ, YoY

Tirupati Sarjan Ltd Q2 PAT up QoQ

Geojit Financial Services Ltd consolidated Q2 FY20 PAT rises to Rs. 9.25 crores

Albert David Ltd posts Rs. 7.92 crores net profit in Q2 FY20

Tyroon Tea Co. Ltd. Q2 net profit increases to Rs. 4.10 crores

PIX Transmissions Ltd Q2 FY20 consolidated net profit higher at Rs. 8.01 crores

PG Foils Ltd posts net profit of Rs. 8.06 crores in Q2

Chartered Capital & Investment Q2 net profit up at Rs. 0.22 crore

EXPO Gas Containers Ltd reports decline in Q2 PAT to Rs. 0.26 crore

Virat Crane Industries Ltd posts net profit of Rs. 1.53 crore in Q2

FACOR Alloys Ltd Q2 consolidated net profit soars to Rs. 13 crores

SMS Lifesciences India Ltd reports drop in consolidated PAT to Rs. 3.68 crores in Q2

Goodluck India Ltd Q2 consolidated PAT drops to Rs. 6.16 crores

Fairchem Specilaity Ltd consolidated Q2 net profit jumps to Rs. 53.75 crores

Vasundhara Rasayans Ltd posts net profit of Rs. 0.45 crore in Q2

Akar Auto Industries Ltd Q2 standalone net profit at Rs. 0.86 crore

Kuantum Papers Ltd Q2 PAT up at Rs. 19.36 crores

Ashiana Ispat Ltd reports net profit of Rs. 0.58 crore

MAAN Aluminium Ltd Q2 PAT rises to Rs. 3.14 crores

TARMAT Ltd Q2 net profit at Rs. 0.41 crore

Vijay Solvex Ltd posts net profit of Rs. 4.86 crores in Q2

Sterling Tools Ltd consolidated Q2 PAT slides to Rs. 7.01 crores

Ishan Dyes & Chemicals Ltd reports Rs. 1.94 crore PAT in Q2 FY20

Archidply Industries Ltd posts higher PAT of Rs. 1.47 crore in Q2

J Kumar Infraprojects Ltd Q2 standalone PAT rises to Rs. 55.90 crores

Vardhman Holdings Ltd Q2 consolidated PAT declines to Rs. 28.88 crores

Jaysynth Dyestuff India Ltd reports net profit of Rs. 0.61 crore in Q2

Future Lifestyle Fashions Ltd consolidated net profit at Rs. 11.87 crores in Q2

Creative Castings Ltd posts Q2 FY2019-20 net profit of Rs. 0.84 crore

Neuland Laboratories Ltd Q2 consolidated PAT jumps to Rs. 8.68 crores

Surya Roshni Ltd posts standalone PAT of Rs. 22.62 crores in Q2

Suryaamba Spinning Mills Ltd posts higher Q2 PAT of Rs. 1.32 crore in Q2

Surbhi Industries Ltd Q2 net profit at Rs. 0.55 crore

Eldeco Housing & Industries Ltd Q2 consolidated PAT at Rs. 8.23 crores

Paul Merchants Ltd consolidated Q2 net profit at Rs. 5.46 crores

Superhouse Ltd Q2 PAT at Rs. 7.60 crores

Jamna Auto Industries Ltd Q2 PAT plunges to Rs. 6.36 crores

Apollo Micro Systems Ltd Q2 PAT slides to Rs. 2.89 crores

Bannari Amman Spinning Mills Ltd posts consolidated PAT of Rs. 4.06 crores in Q2 FY20

IMPAL Q2 consolidated PAT rises to Rs. 15.75 crores

Ganga Papers India Ltd Q2 net profit at Rs. 0.41 crore

Nectar Lifesciences Ltd consolidated Q2 net profit at Rs. 2.45 crores

Action Construction Equipment Ltd Q2 consolidated net profit at Rs. 14.31 crores

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019