Cineline India Ltd was incorporated in 2002, it was earlier engaged in the business of renting out premises and operating windmills. Company successfully ran it’s own chain of Multiplexes under the “Cinemax” brand and sold it to PVR in 2012 and re-entered the movie business in 2022 after the end of the non-compete clause.
Financial Results:
Cineline India Ltd reported Revenues for Q1FY24 of ₹49.88 Crores up from ₹30.06 Crore year on year, a rise of 65.93%.
Total Expenses for Q1FY24 of ₹57.76 Crores up from ₹32.02 Crores year on year, a rise of 80.39%.
Consolidated Net Profit of -₹4.70 Crores from -₹3.46 Crores in the same quarter of the previous year.
The Earnings per Share is -₹1.49, from -₹1.10 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.