{"id":39544,"date":"2022-05-02T16:06:53","date_gmt":"2022-05-02T10:36:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-result-inox-leisure\/"},"modified":"2022-05-02T16:59:20","modified_gmt":"2022-05-02T11:29:20","slug":"biz-result-inox-leisure","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-result-inox-leisure\/","title":{"rendered":"Inox Leisure Q4 Results: Consolidated net loss narrows to Rs 28.17 crore"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1818045430\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multiplex chain operator Inox Leisure Ltd on Monday reported narrowing of consolidated net loss to Rs 28.17 crore for the fourth quarter ended March.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3107558145\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The company had posted a net loss of Rs 93.69 crore in the January-March quarter a year ago, according to a regulatory filing.<\/p>\n<p>Its revenue from operations was up over three-fold to Rs 317.72 crore during the quarter under review as against Rs 90.44 crore in the year-ago period, when the screening business was impacted by the second wave of the coronavirus pandemic.<\/p>\n<p>Inox Leisure&#8217;s total expenses were at Rs 357.25 crore, up 51.37 per cent in the latest fourth quarter. In the year-ago period, it stood at Rs 236.01 crore.<\/p><div class=\"trade-content_5\" id=\"trade-3246204341\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&#8220;Q4 FY22 saw the company receiving a tremendous response, reminiscent to pre-COVID times due to movies, including Valimai, Bheemla Nayak, Gangubai Kathiawadi, The Kashmir Files, Radhe Shyam and RRR,&#8221; according to an earning statement from Inox.<\/p>\n<p>Around 11 million guests visited Inox cinemas in the fourth quarter of last fiscal. It was operating 161 multiplexes and 681 screens across 72 cities.<\/p>\n<p>&#8220;In March 2022, company reported its highest ever Box Office and F&amp;B collection in a single month,&#8221; it said.<\/p>\n<p>During the quarter &#8220;ATP (Average Ticket Price) stood at Rs 218, Spends Per Head stood at Rs 86, whereas occupancy stood at 24 per cent,&#8221; the company said.<\/p>\n<p>For the fiscal year ended March 2022, Inox Leisure also reduced its consolidated net loss to Rs 239.43 crore. It had reported a net loss of Rs 337.66 crore in 2020-21.<\/p>\n<p>Its revenue from operations was Rs 683.94 crore in 2021-22. This was multiple times higher than Rs 105.93 crore in the year-ago period when operations of the cinema halls had remained impacted due to the pandemic.<\/p><div class=\"trade-content-10\" id=\"trade-3769321122\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>In FY 2022, 23 million guests visited Inox cinemas and reported the highest-ever full-year ATP of Rs 217. It was Rs 170 in the corresponding period of the previous fiscal.<\/p>\n<p>&#8220;With the &#8216;worst&#8217; behind us, and the &#8216;best&#8217; on the anvil, we are looking forward to FY23 with a lot of excitement and preparedness to make sure that we continue to delight all our stakeholders and resume our profitability story,&#8221; Inox Leisure Director Siddharth Jain said.<\/p>\n<p>The company plans to add a total of 77 screens in FY23, out of which, 6 screens have already been added.<\/p>\n<p>During the January-March quarter, Inox Leisure announced a scheme of merger of the company with rival PVR Ltd, subject to necessary approvals.<\/p>\n<p>&#8220;The draft scheme of the amalgamation of Inox Leisure Ltd with PVR Ltd was filed with BSE and NSE on March 30, 2022, and approvals are awaited from Stock Exchanges\/SEBI,&#8221; Inox Leisure said.<\/p>\n<p>On Monday, shares of Inox Leisure closed 2.12 per cent at Rs 491.60 apiece on BSE. PTI KRH SHW SHW<\/p>\n<div class=\"trade-after-content\" id=\"trade-3733256881\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multiplex chain operator Inox Leisure Ltd on Monday reported narrowing of consolidated net loss to Rs 28.17 crore for the fourth quarter ended March. The company had posted a net loss of Rs 93.69 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was up over three-fold [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":17552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31,1789],"tags":[],"class_list":["post-39544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inox Leisure Q4 Results: Consolidated net loss narrows to Rs 28.17 crore - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-result-inox-leisure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inox Leisure Q4 Results: Consolidated net loss narrows to Rs 28.17 crore\" \/>\n<meta property=\"og:description\" content=\"Multiplex chain operator Inox Leisure Ltd on Monday reported narrowing of consolidated net loss to Rs 28.17 crore for the fourth quarter ended March. 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