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Inox Leisure Q1 profit down 27 pc to Rs 27 crore

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Press Trust of India New Delhi

Multiplex chain operator Inox Leisure Friday reported a decline of 26.98 per cent in consolidated net profit at Rs 27.01 crore for the quarter ended June 30, 2019.

The company had posted a net profit of Rs 36.99 crore in the year-ago period, Inox Leisure said in a BSE filing.

Total income grew 18.75 per cent to Rs 496.13 crore in the quarter under review as against Rs 417.76 crore in the corresponding period last fiscal.

Total expenses during the quarter were at Rs 454.59 crore as against Rs 361.07 crore a year earlier.

Inox Leisure operates 595 screens in 67 cities across India.

 

Shares of Inox Leisure were trading at Rs 297.75 apiece on BSE, up 1.07 per cent from the previous close.

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First Published: Aug 02 2019 | 2:55 PM IST

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