The multiplex chain operator has commenced the commercial operations of a multiplex cinema theatre taken on lease basis in Bangalore from Tuesday, 13 April 2021.
The multiplex is located at 2nd floor, SBR Horizon, Seegehalli, Whitefield-Hoskote Road, Bangalore - 560 067. It has 5 screens and 694 seats.INOX is now present in 69 cities with 153 Multiplexes, 648 screens and a total seating capacity of 147,436 seats across India.
On a consolidated basis, Inox Leisure reported a net loss of Rs 102.50 crore in Q3 December 2020 as compared to a net profit of Rs 35.01 crore in Q3 December 2019. Net sales slumped 97.1% to Rs 14.88 crore in Q3 FY21 over Q3 FY20.
Inox Leisure is amongst India's largest multiplex chains with 152 multiplexes and 643 screens in 69 cities.
Shares of Inox Leisure rose 0.02% to Rs 264 on BSE.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU