Financials
Inox Leisure reports revenues of Rs 301 crore in Q3’ FY22
Mumbai: Inox Leisure Ltd (Inox) has reported financials for the third quarter ending 31 December 2021. The company has posted revenues at Rs 301 crore. The occupancy rate touched 19 per cent with 9.4 million guests visiting Inox cinemas across the country.
The quarter also reported the highest ever quarterly Average Ticket Price (ATP) at Rs 226 and the highest ever quarterly Spends Per Head (SPH) at Rs 97.
A sharp recovery was signaled by major business metrics showing a significant reduction in gap with pre-Covid levels largely due to good content and reduced apprehensions post widespread vaccination.
The response to “Sooryavanshi,” “Spider-Man: No Way Home,” “Annaatthe,” “Pushpa: The Rise,” and “83” was comparable with the pre-pandemic times, with two films garnering box-office collections in excess of Rs 200 crore and three in excess of Rs 100 crore.
Inox added three new properties with 13 screens in Q3’FY22 at Aurus Mall, Guwahati, Prabhatam Grand Mall, Dhanbad and WorldMark, Gurugram. In all, CY2021 ended with the addition of 41 new screens. The company now operates 158 multiplexes with 667 screens in 70 cities across the country. Of the planned 41 screens in FY’22, 24 have been launched, while work on 17 screens is nearly 80 per cent complete.
Besides being net debt-free, the company has also managed to maintain liquidity of close to Rs 300 crore including undrawn limit of Rs 120 crore.
“Besides being resilient, we maintained an optimistic outlook during the adverse phase over the past eight quarters,” said Inox Group director Siddharth Jain. “Thanks to our strong fundamentals, the spectacular content flow and above all, the infinite passion for cinema prevailing in our country, we have proudly witnessed the recovery happening.”
“With the addition of 41 new screens, the highest in the industry in CY2021, we have shown that adversities could not dent our passion. Enlightened with lessons from the past, our path ahead will be underlined by innovation and rigor. We will certainly gain strength from our excellent liquidity levels and a zero net debt position,” he further added.
MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
