Multiplex chain operator Cinemax India today posted a consolidated net loss of Rs 2.17 crore for the quarter ended March 31, 2011.
In the three months period ended March 31, 2010, the company had registered a net profit of Rs 4.44 crore, it said in a filing to the Bombay Stock Exchange.
Its consolidated net sales for the quarter under review declined 19.79% at Rs 36.43 crore, compared to Rs 45.42 crore in the three months ended March 31, 2010.
For the year ended March 31, 2011, the company's net profit saw over three-fold dip at Rs 5.45 crore, as against Rs 16.97 crore in the same period of previous year.
The company's net sales jumped 12.47% during the year ended March 31, 2011, at Rs 191.56 crore, compared to Rs 170.32 crore in the year ago period, the filing said.
