Movie theatre chain Inox Leisure has reported a jump of 56.19% in net profit of Rs 8.20 crore for the quarter ended December 31, 2011. The company had posted a net profit of Rs 5.25 crore in the corresponding period last financial year.
The total income during the third quarter of this fiscal stood at Rs 111.84 crore, registering a growth of 10.80% as compared to Rs 100.94 crore in the year-ago period.
The figures for the current period are not directly comparable with those of the previous period since service tax on rentals up to March 31, 2010, of Rs 6.13 crore was reversed during the nine months ended December 31, 2010.
INOX is one of the fastest growing multiplex chains in the country, building and managing multiplex cinemas throughout India.
