{"id":69128,"date":"2022-10-19T18:15:00","date_gmt":"2022-10-19T12:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=69128"},"modified":"2022-10-19T18:06:04","modified_gmt":"2022-10-19T12:36:04","slug":"biz-results-inox-leisure-3","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-inox-leisure-3\/","title":{"rendered":"Inox Leisure Q2 Results: Consolidated net loss at Rs 40.37cr, revenue up at Rs 374.12cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2483178000\"><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 Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1627076042\"><!-- 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 87.66 crore in the July-September period a year ago, said Inox Leisure in a BSE filing.<\/p>\n<p>Its revenue from operations during the quarter under review was at Rs 374.12\u00a0 crore, up multi-fold in comparison to the low base of the corresponding quarter of the previous year when the cine exhibition industry was impacted due to the second wave of the COVID-19 pandemic.<\/p>\n<p>Inox Leisure&#8217;s revenue from operations in the July-September quarter of the last fiscal stood at Rs 47.44 crore.<\/p><div class=\"trade-content_5\" id=\"trade-2255899052\"><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>Total expenses were at Rs 434.24 crore, up two-fold.<\/p>\n<p>During the July-September quarter, 11.6 million guests visited Inox cinemas and reported &#8220;ATP (Average Ticket Price) of Rs 215 and the highest ever quarterly SPH (Spending Per Head) at Rs 102&#8221;.<\/p>\n<p>This was largely driven by &#8220;additions to menu, introduction of seasonal specialties, timely &amp; result-oriented marketing initiatives, interactive culinary sessions &amp; workshops and numerous process innovations have led to a solid recovery on the F&amp;B Revenues,&#8221; it said.<\/p>\n<p>Inox Leisure added two new properties with 13 screens in Q2\/FY23.<\/p>\n<p>Commenting on the results, Inox Leisure Director Siddharth Jain said: &#8220;The 2nd Quarter of\u00a0 FY23 was impacted by the inconsistency in the content value chain, proving the importance of great quality content yet again. We are delighted with our promising performance on the F&amp;B front with\u00a0 our highest ever Quarterly Spends Per Head.&#8221; Moreover, Inox&#8217;s foray in Kashmir with the region\u2019s first multiplex marked the revival of cinemas in the valley, and is quite upbeat about this historic launch, he said.<\/p>\n<p>&#8220;The spectacular content pipeline, the festive fervour and our consistent rigour will certainly mark a celebratory 3rd Quarter for\u00a0us,\u201d Jain added.<\/p><div class=\"trade-content-10\" id=\"trade-183038351\"><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>Inox Leisure operates a network of 165 multiplexes spanning 705 screens across 74 cities.<\/p>\n<p>Shares of Inox Leisure Ltd on Wednesday settled at Rs 514.20 on BSE, up 0.58 per cent from the previous close. PTI KRH MR MR<\/p>\n<div class=\"trade-after-content\" id=\"trade-1919174228\"><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 Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. The company had posted a net loss of Rs 87.66 crore in the July-September period a year ago, [&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],"tags":[],"class_list":["post-69128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-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 Q2 Results: Consolidated net loss at Rs 40.37cr, revenue up at Rs 374.12cr - 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-results-inox-leisure-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inox Leisure Q2 Results: Consolidated net loss at Rs 40.37cr, revenue up at Rs 374.12cr\" \/>\n<meta property=\"og:description\" content=\"Multiplex chain operator Inox Leisure Ltd on Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. 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