Multiplex chain operator Inox profit up 15% in first quarter of FY19

Advertising and F&B continue to drive growth, even as net box office revenue drops in the first quarter of the current fiscal

National multiplex chain operator Inox saw revenues grow by seven per cent year on year in the quarter ended June 30. Total income for Q1FY19 was Rs 4.15 billion, as compared to Rs 3.87 billion in the same quarter last fiscal.

EBITDA for the quarter was up 10 per cent y-o-y at Rs 835 million, as compared to Rs 759 million in Q1FY18 while EBITDA margin was up from 19.6 per cent last year to 20.6 per cent this quarter. PAT for Q1FY19 was Rs 370 million, up 15 per cent from Q1FY18’s Rs 321 million. PAT margin