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Inox Q3 net skids 40% to Rs 52.5 mn

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MUMBAI: Inox Leisure, which ran into an open fight with Reliance MediaWorks over its acquisition of multiplex chain Fame, has seen a 40 per cent drop in its third-quarter net profit due to a rise in expenses.


Inox posted a net profit of Rs 52.5 million for the three months ended December 2100 compared to Rs 87.4 million in the earlier year.


Revenue jumped 19.77 per cent to Rs 1.01 billion, from Rs 8.43 million in the third quarter of Fy‘10. However, it was offset by a 32 per cent increase in expenses, which climbed t0 Rs 904.4 million in the quarter under review, from Rs 684.4 million in the year-ago period.


Inox had 38 properties with 144 screens under its brand, till 31 December 2010.


The multiplex business segment had an operating profit of Rs 105.6 million, down from Rs 157.9 million in the year-ago period. Revenue from this segment was Rs 1.01 billion, up from Rs 842.3 million.


The capital deployed in the segment is Rs 3.76 billion.


Meanwhile, in the nine-month period ended 31 December, the net profit rose 20 per cent to Rs 120.9 million (from Rs 100.3 million). Revenue grew 45 per cent to 2.70 billion (from Rs 1.86 billion), while Ebitda surged 36 per cent to Rs 423.2 million.


Inox Leisure director Deepak Asher said, “The opening of new properties, and the good line up of movies in Hindi, English and regional languages contributed to our commendable performance. We hope to maintain the growth momentum in the forthcoming quarters and deliver a world class film viewing experience to our patrons, and enhance value to our stakeholders.”

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Hindi

Zee5 and Applause Entertainment team up for whodunnit ‘Everybody Loves Sohrab Handa’

Rajat Kapoor directs star-studded murder mystery streaming from 10 April.

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MUMBAI: Zee5 is serving up another killer collaboration and this time, the murder mystery comes with a generous side of dark humour and family dysfunction. The streaming platform has partnered with Applause Entertainment and Mithya Talkies to bring Everybody Loves Sohrab Handa, a fresh, twisted whodunnit written and directed by acclaimed filmmaker and actor Rajat Kapoor. The film will stream exclusively on Hindi Zee5 from 10 April.

The movie reimagines the classic murder mystery genre with a contemporary, darkly comic edge. It revolves around a group of friends and family who smile, drink, and celebrate together until the silence snaps and long-buried secrets spill out. The stellar ensemble cast includes Vinay Pathak, Ranvir Shorey, Waluscha De Sousa, Saurabh Shukla, Chandrachoor Rai, Neil Bhoopalam, Koel Purie, Palomi Ghosh, and Rajat Kapoor himself.

This latest offering continues the successful partnership between Zee5 and Applause Entertainment, which has previously delivered diverse hits such as Mithya, Bloody Brothers, and Jab Khuli Kitaab.

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&TV Business Head of hindi Zee5 and chief channel officer Kaveri Das said, “Our collaboration with Applause Entertainment has consistently delivered distinct, high-impact storytelling. Everybody Loves Sohrab Handa is a natural progression, reinforcing our focus on genre-led content with a compelling whodunnit premise and a strong ensemble cast.”

Applause Entertainment business head for movies Sunil Chainani added, “This film adds yet another compelling layer to our slate with Rajat Kapoor’s unmistakable voice.”

Rajat Kapoor shared, “What interested me was not just the mechanics of a whodunnit, but the emotional violence that precedes physical violence. These are people who smile at each other, but there’s so much that is not said.”

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The film promises razor-sharp writing, layered performances, and simmering tension, inviting viewers not just to solve the crime but to unravel the complex relationships at its heart.

If you love a good murder mystery served with wit and emotional depth, Everybody Loves Sohrab Handa looks set to be your next addictive watch. Mark your calendars, the whodunnit drops on Hindi Zee5 from 10 April.

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