GFL Limited (NSE: GFLLIMITED) is a holding company for INOX Leisure Limited (one of the country’s largest multiplex chains) and INOX Infrastructure Limited. It was incorporated in 1987, and it didn’t start making money until 1989. The company reported Revenue from Operations for Q3 FY23 of ₹516.39 Crore up from ₹302.49 Crore year on year, a growth of 71%. The Revenue was driven by Sale Of Services which surged by 70% up to ₹360.21 Crore. The Consolidated Net Loss widen to ₹41.6 Crore, compared to the loss of ₹0.25 Crore in the same quarter of the previous year. The Earnings per Share is -₹3.79 for this quarter.
Meanwhile, the Revenue from Sale of Products increased to ₹151 Crore from ₹84 Crore year on year. The Other Operating Revenue & Other Income for this quarter was ₹4.36 Crore & 5.15 Crore respectively.