Its revenue from operations during the quarter under review was at Rs 582.26 crore, up multi-fold in comparison to the low base of the corresponding quarter of the previous year
Q1 marks a full quarter of operations post pandemic for cinemas. This will reflect in financials of these firms, with likely revenue growth at 65-70% for PVR and Inox sequentially
CLOSING BELL: In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 per cent.
Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic
Inox Leisure's total expenses fell 3.39 per cent to Rs 396.98 crore during the fourth quarter as against Rs 410.93 crore a year ago
Foreign portfolio investors reduced their stake in multiplex operators by up to 5 percentage points in Q4FY20
Data analysed by SBICap Securities show revenue from convenience fees has grown at a compound annual rate of 85 per cent for multiplex chain operator Inox Leisure and 58 per cent for PVR
Ticket sales up 11%; average spends per head grew 13% in the quarter