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MUMBAI: Inox Leisure Ltd's net profit has more than doubled to stand at Rs 83.7
million for the quarter ended 30 June 2006, as compared to Rs 40.8 million in
the corresponding quarter of the previous year. Total income was at Rs
40.53 million as against Rs 22.57 million during this period. Inox has launched
two new properties, Inox Darjeeling and Inox Kota, to take its tally up to 41
screens in 11 multiplexes across 10 cities. In June, Inox also entered into a
term sheet for an all share swap deal with Calcutta Cinema Private Limited (CCPL)
for acquiring CCPL and its brand of multiplexes – ‘89 Cinemas.’ Inox plans to take its
screen count up to 108 screens by mid-2008, spread across 26 multiplexes in 18
cities. Inox Nagpur with three screens and Inox Chennai with five screens are
scheduled to open in August and September 2006 respectively. | 
