Inox Leisure reports loss of Rs 102.5 crore

The company had posted a profit of Rs 35.01 crore in the October-December period a year ago, Inox Leisure said in a BSE filing.

New Delhi: Multiplex chain operator Inox Leisure Ltd on Wednesday reported a consolidated loss of Rs 102.50 crore for the quarter ended December 31, 2020.

The company had posted a profit of Rs 35.01 crore in the October-December period a year ago, Inox Leisure said in a BSE filing.

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The company attributed fall in profit and income to “the impact of seating restrictions to 50 per cent and lack of fresh content due to the ongoing Covid-19 pandemic.” The company said it has begun the process to re-open the units located in Chattisgarh, Odisha, Kerala, Telangana and Rajasthan.