INOX Leisure slipped 1.21% to Rs 495.55 after the multiplex chain reported a consolidated net loss of Rs 40.41 crore in the December quarter of FY23 compared to a net loss of Rs 1.32 crore in the December quarter of FY22.

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The multiplex chain operator recorded a 73.9% increase in revenue from operations to Rs 515.57 crore in the Oct-Dec quarter of FY23 against Rs 296.47 crore posted in the Oct-Dec quarter of FY22.

INOX Leisure reported a pre-tax profit of Rs 4.24 crore in the Oct-Dec quarter of  FY23 compared to a pre-tax loss of Rs 1.60 crore in the Oct-Dec quarter of  FY22. Reportedly, total expenditure increased by 62.8% YoY to Rs 493.20 crore in the Oct-Dec quarter of FY22.

The multiplex chain reported its highest-ever quarterly Average ticket price (ATP) of Rs 230 and SPH (spending per head ) at Rs 106 in the third quarter of FY23. The company plans to add seven properties and 32 screens at the end of the last quarter of this FY23. The company is to maintain a strong liquidity of close to Rs 355 crore, which includes undrawn limits of Rs 125 crore.

Among India, INOX Leisure is the largest multiplex chain with 170 multiplexes and 722 screens across 74 cities.