INOX Leisure Limited EBITDA Increases 75% to Rs. 43.9 Crore in Q4 FY2018, Full Year EBITDA Increases 44% to Rs. 210.4 Crore
MUMBAI, May 8, 2018 /PRNewswire/ --
Financial Highlights:
Q4 FY2018 witnessed a:
- 12% Growth in Revenue from Operations
- 11% Growth in Average Ticket Price
- 13% Growth in Spend per Head
- 59% Growth in Advertisement Revenue
- 75% Growth in EBITDA
The Board of Directors of INOX Leisure Limited (INOX) announced its audited financial results for the last quarter of the financial year, and the full financial year 2017-18, following its meeting on 7 May, 2018 in Mumbai.
For the quarter ending 31 March, 2018, INOX reported Rs. 323.6 crore of revenue from operations, a growth of 12%, YOY, last year. The earnings before interest tax and depreciation (EBITDA) amounted to Rs. 43.9 crore (75% higher than the corresponding quarter last year) for the quarter ending 31 March, 2018.
On a full year basis, the Revenue from Operations has grown from Rs. 1220.7 crore to Rs. 1348.1 crore (10% growth), EBITDA has grown from Rs. 146.1 crore to Rs. 210.4 crore (44% growth) and PAT has grown from Rs. 30.6 crore to 114.6 crore (274% growth).
Commenting on the results, Mr. Siddharth Jain, Director - INOX Group, said, "Content was relatively great following which the profits delivered was also substantially higher. We continue to deliver a robust increase in advertising revenues which definitely is heartening. INSIGNIA has also started showing some great numbers which is evident in the results declared. Our focus for the following year continues towards growth and enhancing our brand value keeping in mind the three pillars that we operate on - technology, luxury, and service."
About INOX Leisure Ltd.
INOX Leisure Limited (INOX) is amongst India's largest multiplex chains with 123 multiplexes and 492 screens in 61 cities. INOX has redefined movie experiences in India making it truly 7-star. Each INOX property is unique with its own distinct architecture and aesthetics. INOX boasts of bringing the very latest in projection and audio technology, plush micro adjustable leather recliners with a butler on call facility, gourmet meal choices by celebrity chef, designer staff uniforms and many more. For easy and convenient ticket booking, INOX offers online booking on http://www.inoxmovies.com and through its smartphone applications across Android and Apple platforms.
For movie updates and various offers, one can follow us on:
Facebook (http://www.facebook.com/INOXLEISURE)
Twitter (https://twitter.com/inoxmovies)
Instagram (https://www.instagram.com/inoxmovies/)
LIVE THE MOVIE only at INOX!
Media Contact:
Shweta Poojari
[email protected]
+91-22-40626921
General Manager, Corporate Communication
INOX Leisure Ltd.
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