INOX Leisure is planning to add up to 50 screens to its chain by the year end to take the total number to around 440. The company, which reported a turnover of over Rs 1,000 crore last fiscal year, would spend between Rs 2-2.5 crore each to open new screens, with the cost depending on the location where the screen will come up. Currently, the company is present in 55 cities with 101 multiplexes, 393 screens and a total seating capacity of 102,785 across India. Recently, the company had opened a new multiplex in Rajasthan comprising four screens with 750 seats. The company is also planning to acquire regional multiplex chains.
INOX Leisure is one of the fastest growing multiplex chains in the country, building and managing multiplex cinemas throughout India.
