Inox Leisure Q1 net rises 28.6% to Rs 32.1 cr

Multiplex operator Inox Leisure today reported a 28.56 per cent increase in consolidated net profit at Rs 32.09 crore for the first quarter through June.
The company had reported a net profit of Rs 24.96 crore in April-June last fiscal.
Total income grew 14.83 per cent to Rs 389.72 crore during the quarter under review as against Rs 339.36 crore in the same quarter of the last fiscal, the company said in a BSE filing.
"With the opening of new properties and a continued pipeline of quality content, we hope to maintain the growth momentum in the forthcoming quarters and deliver an unparallelled movie viewing experience to our patrons and enhance value to our stakeholders," Inox Group of Companies Director Siddharth Jain said.

The company operates 119 multiplexes with 476 screens spread in 58 cities across India.
The stock today settled 0.83 per cent down at Rs 264.40 on the BSE.