MUMBAI: Multiplex chain Inox Leisure‘s net profit jumped 56 per cent to Rs 54.9 million for the second quarter ending 30 June compared to Rs 31 million in the same quarter of the preceding fiscal.

The company‘s total revenue grew 18 per cent to 1.18 billion from Rs 1 billion a year earlier. Its net sales were Rs 1.17 billion, up 17 per cent from 994.9 million a year earlier.

Inox‘s expenses for the quarter rose to Rs 1.035 billion from Rs 921.6 million, an increase of 12 per cent. The exhibition cost increased to Rs 315.6 million in the second quarter from Rs 272.2 million a year earlier.

The company had during the quarter given an in-principle approval to the proposed merger of its subsidiary Fame India and its subsidiaries Fame Motion Pictures, Big Pictures Hospitality Services and Headstrong Films with Inox Leisure.