Cinema exhibition chain INOX reported Rs 479 crore in revenues for the fourth quarter (Q4) of financial year (FY) 2019, up 48 per cent from Rs 324 crore in Q4 of FY18. Ebitda grew 122 per cent to Rs 97 crore in the same period. Adjusted profit after tax (PAT) was up 992 per cent at Rs 44 crore from Rs 4 crore in the same period in FY18. It excludes tax write-backs of Rs 54 crore in FY18 and Rs 5 crore in FY19.
“We are proudly summing up our best-ever financial year with a best-ever quarter. Both FY19 as a whole and Q4 have shown unprecedented growth on multiple dimensions, like operational revenues, earnings, advertising and F&B, strongly underlining our commitment towards offering an unmatched experience to our guests, “ said Siddharth Jain, director, Inox Group.
Revenues grew 26 per cent from Rs 1,348 crore in FY18 to Rs 1,692 crore in FY19. Ebitda was up 47 per cent in FY19 at Rs 309 crore from Rs 210 crore in the year ago period. Adjusted PAT for FY19 was Rs 129 crore, up 112 per cent over the previous year.
Spends Per Head (SPH) showed 11 per cent growth during the financial year, which the company attributes to efforts to transform cinema into a family event. “Innovative and themed F&B offerings around movies & festivals, addition of live kitchens, and introduction of differentiated menus proved to be the drivers of a healthy F&B and SPH growth,” it said.
Advertising revenues saw a 27 per cent growth to Rs 172 crore, while footfalls at INOX properties rose by 17 per cent, as content took centre stage in FY19. Apart from Bollywood hits like Uri, Sanju, Simba and 2.0, other regional languages and Hollywood too contributed towards attracting larger footfalls.
“FY19 also witnessed a new genre of content emerging which received an overwhelming response from our audiences who thronged our multiplexes across the country. Our performance on the advertising business front is a testimony to our renewed approach and rigor,” said Jain.
The company added 85 screens in FY19 and introduced different technology led formats like Samsung Onyx screen, Theatre Effects and BigPix screen during the year.
Nayanthara would be joining hands for a new project with director Milind Rau
Lady Superstar Nayanthara, who has a different big deal in the pipeline, including Darbar, Bigil and Sye Raa Narasimha Reddy, will before long be seen in Milind Rau’s directorial. The chief is known for helming Aval. The going for the film is in progress.
More intriguing than this untitled project will have the pooch that assumed a significant role in Yogi Babu’s Gurkha. A dependable source affirmed this to indianexpress.com. “The makers were quite particular in casting the dog that has become the talk of the town,” added the source.
Further, we hear Vignesh Shivn may produce this yet-to-be-titled film. However, an official confirmation is awaited.
In Tamil, Nayanthara’s last release was Kolaiyuthir Kaalam, directed by Chakri Toleti. She is additionally a piece of Nivin Pauly’s Love Action Drama, which is said to be a side project of Vadakkunokkiyantram. The 1989 Malayalam dark satire was composed by Sreenivasan. Milind Rau, a former assistant of Mani Ratnam, made his Kollywood debut with Kadhal 2 Kalyanam.
Sunny Leone Open About her Life!
Sunny Leone isn’t only a previous pornography star. Today, she is one of the effective women in Bollywood film industry. By building up a few organizations, she is additionally probably the most extravagant people in India. She didn’t win this medium-term and there is a battle for a considerable length of time behind it. All things considered, many peoples perceive her as a previous pornography star yet not as an entertainer, donor, or an ordinary lady. She as of late associated with the media pretty much the entirety of her unpleasant past and went enthusiastic.
“Dark phase of my life is very painful. It is always a nightmare for me. I lost my mother and came to know that my dad got diagnosed with cancer. In no time, I lost him as well. I landed in India for the first time then. I faced a lot of critical situations that I would never want to think. My past always haunted me. While shooting for my biopic, I had to recollect the bitter past. But I am happy that I overcame all those situations and moving forward in life.” said Sunny Leone about the bitter past she faced.
Every One is A fan of Actresses, But No one can understand the Stress and Pain of Actresses: Tamannaah
We see in the film the heroes and heroines who are always going to sing and dance. But behind the camera, they are just the same as us. Actress Tamannah is open to telling her suffering life.
Actress Tamanna says the life is not as good as an actress. Tamannah says that despite the popularity among the cinema and the fans, no one knows the difficulties and sufferings in their face. “Fifteen years after we reached the film. The year passed without any change, and every time running one location to another.
If the shot is ready, then the actress must be in front of the camera at exactly the right time. We have no right to show our feelings anything at all, even in the difficulty of life. ” Everyone is saying that we get money full of hands. This money is caused by night and day in front of such heavy lights. I just want to give us a sense of acceptance as others do.
“When I look at the common girls walking freely, I feel very jealous. We can not eat or wear dress out favorite things like all girls. There is a lot of work to do in order to make the body look awesome for the role of the cinemas. When multiple languages have to act together, We can not spend time with Our own family. “
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