NEW DELHI: Multiplex operator Inox Leisure plans to invest around Rs 100 crore to open 39 more screens this fiscal to take its total screen count to over 500. "A new screen pipeline for the (remaining part of this financial) year includes 9 properties with 39 screens and 6,577 seats," Alok Tandon CEO, Inox Leisure told analysts during a conference call. To add 39 screens, the company will have to invest around Rs 100 crore. Last month, Inox Leisure reported 28.56 per cent increase in consolidated net profit at Rs 32.09 crore for the first quarter ended June 30. Its total income grew 14.83 per cent to Rs 389.72 crore during the quarter under review as against Rs 339.36 crore in the same quarter last fiscal.

Source: Economic Times August 15, 2017 09:33 UTC