INOX Leisure ($INOXLEISUR): Strong Performance
Inox posted robust Q2FY20 growth with revenue, EBITDA and PAT catapulting ~42%, ~130% and ~327%, respectively, YoY. Phenomenal content performance and sharper focus on F&B offerings drove 51% and ~49% YoY spurt in Net Box Office Collections and F&B revenue, respectively. While ad revenue grew mere ~6% YoY owing to the sluggish ad environment, 8% growth in spend per head and favourable F&B margin led to ~750bps YoY EBITDA expansion. Footfalls rose ~39% YoY with 30% occupancy.
i) time windows between theatrical & digital release
ii) any impediments to screen expansion.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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