The Board of Directors of INOX Leisure Limited (INOX) announced its audited financial results for the second quarter of the financial year 2018-19 following its meeting recently. For the quarter ending September 2018, INOX reported 365 crores of revenue from operations, a growth of 17%. Advertisement revenue amounted to 37.8 crores, 18% higher than the corresponding quarter last year. During the quarter ending September 2018, the company has opened 28 screens leading to the addition of 47 screens in the current financial year.
Commenting on the results, Siddharth Jain, Director – INOX Group said “Expansion has been one of our key focus this year and we have maintained and executed an aggressive expansion plan. Our aim is to stay ahead of the curve and continue to be pioneers in providing an unparalleled movie viewing experience.”
INOX ‘Revenue from Operations’ Increases 17% in Q2 FY2019
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