INOX Leisure Scripts History With Exceptional Results

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Press Trust of India MUMBAI
Last Updated : May 14 2019 | 10:25 AM IST

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INOX Leisure scripts history with exceptional results
Highlights for FY ended on 31st March 2019
EBITDA grows 47% to Rs.309 Crores
Operational PAT grows 112% to Rs. 129 Crores excluding tax write back
Record addition of 85 screens in a single FY - an industry record - takes count to 574 screens at 139 units as on 31st March 2019

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Highlights for Q4FY19 ended on 31st March 2019
Highest-ever quarterly revenue from operations at
Rs.479Crores - up by 48% Y-o-Y
Highest-ever quarterly EBITDA - jumps 122% Y-o-Y PAT up by 992% excluding tax write back
Impressive 29 % growth in advertising revenues on a Y-o-Y basis
"We are proudly summing up our best-ever financial year with a best-ever quarter. Both, FY18-19 and the Quarter 4 have shown an unprecedented growth on multiple dimensions, like operational revenues, earnings, advertising and F&B, strongly underlining our commitment towards offering an unmatched experience to our guests. The standout story for us has been the addition of 85 screens in a single FY, an industry record in itself, adding to the grandeur of our financial performance. The FY also witnessed a new genre of content emerging which received an overwhelming response from our audiences who thronged our multiplexes across the country. Our performance on the advertising business front is a testimony to our renewed approach and rigor," said Siddharth Jain, Director - INOX Group. "The strategic momentum built by investments in screen additions will continue to fuel our growth story in the next FY as well. We are obsessed with innovativeness and that is what makes us re-invent the customer experience with the latest technologies, new formats, luxury and food. We would like to thank all the stakeholders for their continued faith and support."
Footfalls at INOX properties rose by 17% as content took centrestage in in FY18-19. Not just the blockbusters like Uri, Sanju, Simba and 2.0 played their part, but the movies in other regional languages and Hollywood too contributed towards attracting larger audiences to INOX's multiplexes
Summary of the results
Particulars
Year Ended
Y-o-Y
Quarter Ended
Y-o-Y
Mar-19
Mar-18
growth
Mar-19
Mar-18
growth
Ops Revenues
(in Cr)
1,692
1,348
26%
479
324
48%
EBITDA (in Cr)
309
210
47%
97
44
122%
PAT (in Cr)*
129
61
112%
44
4
992%
SPH (in Rs)
74
66
11%
73
67
9%
Advertising
Revenues (in Cr)
176
139
27%
43
33
29%
* Adjusted PAT- Excluding tax write back
Major recognitions received by INOX Leisure in FY2018-19
ET Best Brands 2018-19
IMAX Big Cine Award 2018 for "Best technology Of The Year 2018"
IMAX Big Cine Award 2018 for "India Top Multiplex Chain Of The Year 2018"
Images Retail Tech Awards 2018 for "Payment Project Implementation Of The Year"
International Film Business Awards 2018 for "Highest Luxury Standards"
ET Now Global Awards for Retail Excellence "Most Admired Marketing Campaign Of the Year"
ET Now Global Awards for Retail Excellence "Most Admired Multiplex Of the Year"
Times Retail Icon 2018-19 for "Popular Multiplex" About INOX Leisure Limited

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: May 14 2019 | 10:25 AM IST

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