Inox Leisure’s Focus To Shift From Liquidity, Cost To Content: Prabhudas Lilladher 
Inox Megaplex in Mumbai. (Photo: Twitter/@INOXMovies)

Inox Leisure’s Focus To Shift From Liquidity, Cost To Content: Prabhudas Lilladher 

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.

Prabhudas Lilladher Report

Inox Leusire Ltd.’s Indian-accounting standard adjusted Ebitda loss stood at Rs 855 million (excluding order inflows) versus our estimate of Rs 737 million as rigorous cost cutting initiatives resulted in fixed opex burn of approximately Rs 250-300 million per month during the quarter.

While Q4 FY21 is more or less expected to be a replica of Q3 FY21, removal of occupancy caps and expectation of big budget releases towards end of March indicate normalcy is expected to kick-in with the onset of FY22.

Click on the attachment to read the full report:

Prabhudas Lilladher Inox Leisure Q3FY21 Result Update.pdf

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