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Adlabs Entertainment reports net loss of Rs 22.51 crore in Q1

27 Jul 2017 Evaluate

Adlabs Entertainment has reported results for first quarter ended June 30, 2017.

The company has reported a net loss of Rs 22.51 crore for the quarter under review as compared to a net loss of Rs 19.23 crore for the same quarter in the previous year. However, total revenue of the company increased marginally by 0.68% at Rs 86.78 crore for Q1FY18 as compared to Rs 86.19 crore for the corresponding quarter previous year.

Adlabs Entertainment is engaged in the business of development and operations of theme-based entertainment destinations in India, including theme parks, water parks and associated activities, including retail merchandising and food and beverages (F&B). The company’s flagship project is branded as Adlabs Imagica.

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