Adlabs Entertainment reports Q1 net loss at Rs 14.81 crore

Theme park operator Adlabs Entertainment today reported standalone net loss of Rs 14.81 crore in the first quarter ended June 30, 2015.

The company had posted standalone net loss of Rs 28.67 crore in the corresponding period a year ago.

The firm's total income from operation increased over two-fold to Rs 85.01 crore as against Rs 36.35 crore in the same quarter a year ago.

Adlabs Entertainment's Rs 400 crore initial public offer (IPO) concluded in March this year.

Shares of the company closed 2.84 per cent higher at Rs 170.30 apiece on the BSE.