News Details

( As on 23/10/2021 11:40)

Inox Leisure posts Q2 net loss of Rs 87.61 cr

The company reported standalone net loss during the quarter stood at Rs 87.61 crore as compared to net loss of Rs 67.83 crore in the previous year quarter.

Net revenue of the company rose three fold by 13077.78 per cent at Rs 47.44 crore in July-September quarter of this fiscal as against Rs 0.36 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 178.98 per cent to Rs 31.75 crore from Rs -40.20 crore in year ago period.

Other Income grew by 40.23 per cent at Rs 6.03 crore versus (Sep'20 Rs 4.30 crore).

Operating Profit slipped by 61.32 per cent to Rs 15.69 crore as against Rs 40.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 99.71 per cent in September quarter.

Interest grew by 1.09 per cent y-o-y to Rs 64.77 crore, while Taxation increased by 27.50 per cent at Rs -29.07 crore (Sep'20 Rs -22.80 crore).