For the quarter ended March 31, INOX Leisure Limited reported a 12% growth in revenue from operations at Rs 323.6 crore YoY.
Tasmayee Laha Roy
INOX Leisure Limited reported a 12% growth in revenue from operations at Rs 323.6 crore for the Q4FY18. Earnings before interest, taxes, depreciation and amortization (EBITDA) was at Rs 43.9 crore, 75% higher than the corresponding quarter last year.
The board of INOX announced audited financial results for the last quarter of FY18 and the full financial year, following its meeting on May 7 in Mumbai.
For FY18, revenue from operations grew from Rs 1,220 crore to Rs 1,348 crore reflecting a 10% growth, EBITDA grew from by 44% from Rs 146.1 crore to Rs 210.4 crore and profit after tax witnessed a 274% growth from Rs 30.6 crore to 114.6 crore.
“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,” Siddharth Jain, director - INOX Group.