IDBI Capital: Inox Leisure Geared For Resuming Operations 
INOX, GVK One, Hyderabad. (Source: Company website)

IDBI Capital: Inox Leisure Geared For Resuming Operations 

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

In Q2 FY21, Inox Leisure Ltd. has continued to demonstrate strong cost management which enabled it to cut its Ebitda loss (adjusted of India Accounting Standard) to Rs 338 million from Rs 379 million in Q1 FY21.

The company is confident of being able to get

  1. complete waiver of the rent for the lockdown period and
  2. meaningful discounts or adopt a revenue-sharing model for rest of FY21 from its developer partners.

Click on the attachment to read the full report:

IDBI Capital Inox Leisure Q2FY21 Result Update.pdf

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