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Inox Q1 net up 31% at Rs 110 million
 

Indiantelevision.com Team

(30 July 2007 7:30 pm)

 

MUMBAI:Inox Leisure Limited (ILL) has posted a net profit of Rs 109.6 million for the quarter ended 30 June 2007, up 31 per cent from Rs 83.7 million in the corresponding quarter of the last fiscal.

During the period the company's net income stood at Rs 540.7 million, a high of 34 per cent compared to Rs 405.3 million in the year-ago period.

The number of properties under operations has increased from 11 to 15 during the first quarter of FY 08.

Commenting on the results ILL director Deepak Asher said, "Our results reflect INOX's ability to maintain its profit leadership position along with a high growth momentum. Going forward we remain focused on creating India's largest network of world class multiplexes across the country."

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