New Delhi: The Board of Directors of Inox Leisure Limited (INOX) announced its results for the fourth quarter and the financial year 2015-16, following its meeting on Wednesday, 27th April, in Mumbai.
FY 2015-16, Y on Y basis, Inox reported a 31 % increase in Income from Operations, from Rs.101681 Lakh to Rs.133269 Lakh, and the earnings before interest tax and depreciation (EBITDAE) registered a 55 % increase from Rs.12277 Lakh to 18992 Lakh.
Commenting on the results, Mr. Deepak Asher, Director & Group Head (Corporate Finance), Inox Group of Companies said, “Good content coupled with our expansion across the country, with a world class movie viewing experience has helped us in maintaining our growth in the last quarter. We will continue this growth momentum with our consistent efforts in the forthcoming quarters for our guests and all the stakeholders,” he added.
Financial Highlights: FY 2015-16 Year-on-Year Growth
31 % Growth in Total Revenues
55 % Growth in EBITDAE
287 % Growth in PAT
30 % Growth in Footfalls
31 % YTD growth in Income from Operations – up from Rs. 101681 Lakh to Rs. 133269 Lakh
55 % YTD growth in EBITDAE – up from Rs. 12277 Lakh to Rs. 18992 Lakh
Other landmark achievements:
Merger with Satyam Cineplexes Limited approved
“INOX EXPERIENCE” surpasses 100 properties, 400 screens and 100,000 seats
Signed the biggest IMAX theatre deal in India
Inox is India’s premiere multiplex chain and currently operates 107 cinemas with 420 screens across 57 cities and 19 states.
