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Multiplex chain Inox revenue up 12% in Q4FY18 on robust ad income

Ticket sales up 11%; average spends per head grew 13% in the quarter

media, entertainment, mergers, acquisition,A P Parigi, private eqity, Farokh Balsara,DTH, FDI foreign Direct investment, Alok Tondon,Inox Leisure, multiplex, investors, nazara techonomogy,
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BS Reporter Mumbai
Multiplex chain operator Inox Leisure reported 12 per cent increase in revenue from operations for the quarter ended March 31 (Q4FY18), to Rs 3.24 billion from Rs 2.89 billion in Q4FY17. EBITDA for the quarter rose 75 per cent to Rs 438.8 million from Rs 251 million last year. PAT stood at Rs 577.1 million in Q4FY18.
Average ticket price grew 11 per cent in the quarter, while advertising revenue grew 59 per cent. The average spends per head grew 13 per cent in the quarter.
For the fiscal year 2017-18, Inox revenue was up 10 per cent from Rs 12.2 billion

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