Inox Leisure : Q2FY18 Result
Nidhi Jani / 31 Oct 2017
It reported PAT of Rs. 11.7 crore which represents a sequential QoQ decline of 63.6 per cent. Whereas, on YoY basis, it has registered six fold rise in PAT.
Inox Leisure reported results for the quarter ended September 30, 2017 on Tuesday.
Total sales for Q2FY18 came in at Rs. 311.3 crore. This represents a 20 per cent sequential decline and 4.7 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 22.3 crore and the EBIT margin stood at 7.2 per cent.
It reported PAT of Rs. 11.7 crore which represents a sequential QoQ decline of 63.6 per cent. Whereas, on YoY basis, it has registered six fold rise in PAT.
Inox Leisure is engaged in the business of setting up, operating and managing a national chain of multiplexes under the brand name INOX. It is the second largest player in entertainment industry.
Today, the stock opened at Rs. 232.55 per share and jumped to an intra-day high of Rs. 249 on the BSE, reacting on positive numbers.