Inox Leisure Ltd’s shares have risen almost 12% since it announced its earnings on Monday. Inox’s Ebitda at Rs43.9 crore was 20% higher than consensus estimates, while PVR’s Ebitda of Rs94.4 crore was about 13% more than estimates, according to Bloomberg. But apart from its relatively better results, Inox is also playing catch-up on the valuation front with PVR. For FY19, PVR wants to add more than 90 screens and Inox Leisure is looking to add 55 screens. For PVR and Inox Leisure, content performance wasn’t exceptional during the March quarter but it was satisfying nonetheless.

Source: Mint May 09, 2018 04:07 UTC