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Inox FY-2014 PAT doubles FY-2013 PAT
BENGALURU: Indian Theatrical film exhibitor Inox Leisure Limited (Inox) reported FY-2014 PAT of Rs 36.93 crore (4.3 per cent of Total Income from operations of Tot Op Inc), 100.2 per cent more than the Rs 18.45 crore (2.4 per cent of Tot op Inc) in FY-2013.
The company reported Tot Op Inc of Rs 868.83 crore in FY-2014, which was 13.5 per cent higher than the Rs 765.29 crore in the previous fiscal. Tot Op Inc of Rs 188.30 crore, was 12.1 per cent less than the Rs 214.27 crore in Q3-2014 and 10.4 per cent more than the Rs 170.59 crore in Q4-2013.
Note : (1)100,00,000=100 lakh = 1 crore = 10 million.
PAT in Q4-2014 was just Rs 1.43 crore (0.8 per cent of Tot Op Inc) and less than a fourth (1/4.23 times) the Rs 6.47 crore in Q3-2014. The company had reported loss of Rs 9.94 crore in Q4-2013.
Let us look at the other Q4-2014 and FTY-2014 numbers reported by Inox
Inox reported 12.3 per cent higher total expenditure (Tot Exp) in FY-2014 at Rs 797.56 crore (91.8 per cent of Tot Op Inc) as compared to the Rs 710.35 crore (92.8 per cent of Tot Op Inc) in FY-2013. Inox reported Tot Exp of Rs 184.78 crore (98.1 per cent of Tot Op Inc) in Q4-2014, which was 7.8 per cent less than the Rs 200.36 crore (93.5 per cent of Tot Op Inc) in Q3-2014 and 4.9 per cent more than the Rs 176.18 crore (103.3 per cent of Tot op Exp) in Q4-2013.
The company paid Rs 106.07 crore (12.2 per cent of Tot Op Inc) in FY-2014 towards Entertainment Tax, which was 3.9 per cent more than the Rs 102.04 crore (13.3 per cent of Tot Op Inc) in FY-2013. Entertainment Tax in Q4-2014 at Rs 221.2 crore (11.7 per cent of Tot Op Inc) was 12.6 per cent less than the Rs 253.1 crore (11.8 per cent of Tot Op Inc) in Q3-2014 and 2 per cent more than the Rs 216.9 crore (12.7 per cent of Tot Op Inc) in Q4-2013.
Inox incurred a cost of Rs 223.49 crore (25.7 per cent of Tot Op Inc) in FY-2014 towards Exhibition Cost, which was 6.5 per cent more than the Rs 209.94 crore (27.4 per cent of Tot Op Inc) in the previous fiscal. Exhibition cost in Q4-2014 was less by 14.9 per cent at Rs 46.36 crore (24.6 per cent of Tot Op Inc) as compared to the Rs 54.48 crore (25.4 per cent of Tot Op Inc) in the immediate trailing quarter and 2.5 per cent more than the Rs 45.23 crore (26.5 per cent of Tot Op Inc) in Q4-2013.
Inox paid Rs 137.22 crore (15.8 per cent of Tot Op Inc) towards property rent, conducting fees and common facility charges (rent and other charges) in FY-2014, which was 16.4 per cent more than the Rs 117.9 crore (16.8 per cent of Tot Op Inc) in FY-2013. The company paid Rs 35.64 crore (18.9 per cent of Tot Op Inc) in Q4-2014 towards rent and other charges, which was 3.1 per cent more than the Rs 34.58 crore (16.1 per cent of Tot Op Inc) in Q3-2014 and 13.4 per cent more than the Rs 31.42 crore (18.4 per cent of Tot Op Inc) in Q4-2013.
The company paid 3.5 per cent more towards finance cost in FY-2014 at Rs 27.63 crore (3.2 per cent of Tot Op Inc) as compared to the Rs 26.7o crore (3.5 per cent of Tot Op Inc) in FY-2013. Finance cost in Q4-2014 at Rs 6.20 crore (3.3 per cent of Tot Op Inc) was 6.3 per cent less than the Rs 6.62 crore (3.1 per cent of Tot Op Inc) in Q3-2014 and 13.2 per cent lower than the Rs 7.14 crore (4.2 per cent of Tot Op Inc) in Q4-2013.
Inox currently operates 79 multiplexes and 310 screens in 43 cities. Since its inception in 1999, Inox has been active in exploring acquisition and / or expansion opportunities on continuous basis with a view to consolidate its position in the multiplex industry. In 2007, Calcutta Cinema Private Ltd (CCPL), a multiplex cinema theatre company based in West Bengal was merged with Inox. In May 2013, Fame India Limited, another multiplex cinema theatre company having nationwide presence, was merged with Inox.
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Adani Enterprises takes full control of IANS with final stake buy
Rs 4.7 crore deal completes acquisition, making news agency wholly owned unit
MUMBAI: Adani Enterprises has tightened its grip on the media space, completing the acquisition of the remaining stake in IANS India Private Limited and turning the news agency into a wholly owned step-down subsidiary.
The final leg of the deal was executed through AMG Media Networks Limited, which picked up the balance 24 per cent Category I shares with voting rights and 0.74 per cent Category II shares without voting rights. The all-cash transaction, valued at Rs 4.70 crore, brings to a close a process first set in motion in January this year.
A regulatory filing under SEBI confirmed that the acquisition was completed on 24 March 2026. The company also disclosed the development to BSE Limited and National Stock Exchange of India Limited, in line with listing requirements.
With the transaction now wrapped up, IANS sits fully within Adani’s media fold under a two-tier structure led by AMNL. While classified as a related party transaction, the company noted it was carried out on an arm’s length basis.
Founded in 1994, IANS has long been in the business of gathering and distributing news content. However, its financials tell a softer story, with turnover slipping over recent years to Rs 8.81 crore in FY25 from Rs 11.86 crore in FY23.
For Adani Enterprises, the move signals more than a tidy consolidation. It sharpens its media ambitions, placing IANS firmly within its growing content and distribution play.
