INOX Leisure Limited net profit increases to Rs 7749 Lakh in FY16

KOLKATA: INOX Leisure Limited records 31 % growth in total revenues from operations, with net profit increasing to Rs 7749 lakhs in FY16-17.

The total revenues increased to Rs 133269 lakhs against last financial year’s Rs 101681 lakhs

“Good content coupled with our expansion across the country, with a world class movie viewing experience has helped us in maintaining our growth in the last quarter. We will continue this growth momentum with our consistent efforts in the forthcoming quarters for our guests and all the stakeholders,” said Deepak Asher, Director & Group Head (Corporate Finance), INOX Group of Companies said,

Other notable achievements for the year for Inox includes approval of merger with Satyam Cineplexes Limited, Inox Experience crossing 100 properties, 400 screens and 100,000 seats and signed the biggest IMAX theatre deal in India

INOX currently operates 107 cinemas with 420 screens across 57 cities and 19 states.