Cinemax India PAT at Rs 5.19 crore for Q1-2014

BENGALURU: Indian movie exhibition chain Cinemax India Limited (Cinemax) reported a PAT of Rs 5.19 crore for Q1-2014. The exhibitor had reported a loss of Rs 3.56 crore during the preceding quarter (Q4-2013).

Let us take a look at Cinemax's other figures for Q1-2014

Cinemax's Q1-2014 net consolidated operating income of Rs 108.50 crore showing a 12.1 per cent growth as compared to Q1-2013 net consolidated revenues of Rs 96.76 crore for Q1-2013 and were 30.1 per cent higher than the Rs 85.39 crore reported during Q4-2013.

The company's consolidated expenses for Q1-2014 at Rs 91.17 crore were 12.25 per cent higher than the Rs 81.22 crore for Q1-2013 and 9.3 per cent more than the Rs 83.38 crore in Q4-2013.

A big chunk of the Cinmax's expenses is the Film Distributor's share. For Q1-2014, it paid Rs 30.64 crore (28.2 per cent of consolidated revenues for the quarter) as against Rs 26.50 crore (27.2 per cent of consolidated revenues for the quarter) for Q1-2013 and Rs 24.40 crore (29.3 per cent revenues for the quarter).

Cinemax's expenses towards rent for Q1-2014 at Rs 17.75 crore, though higher by 10.8 per cent as compared to the Rs 16.02 crore for Q1-2013, were 1.9 per cent lower than the Rs 18.09 crore paid in Q4-2013.

Also, repairs and maintenance, though a small part of the consolidated expenses, grew by almost 36 per cent in Q1-2014 to Rs 6.74 crore from Rs 4.96 crore in Q1-2013, but were lower by 7.3 per cent as compared to the Rs 7.23 crore in Q4-2013.

Last November, the promoters of Cinemax sold their entire stake of 69.27 per cent in the company to PVR Ltd for Rs 394.98 crore. The board of directors of PVR Limited, in a meeting held on 7 June 2013 have approved the merger of Cinemax and a wholly owned subsidiary Cine Hospitality Private Ltd., with PVR. Cinemax also said on the same day that its board approved "in-principle" the amalgamation of the company with PVR Ltd, the ultimate holding company.

Latest Reads
Zee Cinema to air the World TV Premiere of the family entertainer Pad Man on Saturday, 26th May at 8PM

The people who are crazy enough to think they can change the world are the ones who do. A movie that dared to break stereotypes and talk about a tabooed topic, Pad Man was instrumental in creating a platform to discuss female hygiene in the country. Helmed by the celebrated director R Balki, Pad...

Television TV Channels Movie Channels
TV Today board recommends 45% dividend; numbers up

The board of directors of TV Today Network Ltd (TVTN) has recommended a dividend of Rs 2.25 (45 per cent) per equity share of face value of Rs 5 each for the financial year ended 31 March 2018 (FY 2018, year, fiscal under review). The company has reported 10.7 per cent growth in consolidated total...

Television TV Channels News Broadcasting
Sony takes audiences to the crossroads with new show

MUMBAI: After being a leader in introducing mythological shows, Sony Entertainment Television (SET) is taking a different route. The channel’s latest offering is Zindagi ke Crossroads, a 39-episodic interactive show where the studio audiences will put forward their opinions on the challenges faced...

Television TV Channels GECs
Cosmos-Maya’s next international co-production is a spin-off series of the much talked about 3D Animation feature film Leo da Vinci: Mission Mona Lisa

is another high quality 3D animation international co-production - a spin-off series based on the recently released film Leo da Vinci: Mission Mona Lisa.

Television TV Channels Kids
EPIC TV & Penguin Present The Third Book Of The Devlok With Devdutt Pattanaik Series

Where did the name Radha come from? When did Christianity first come to India? What is the connection between sanskar and dharma? After the enormous success of the first two books in the ‘Devlok with Devdutt Pattanaik’ series, India’s favourite mythologist, Devdutt Pattanaik, is back with a third...

Television TV Channels Factual & Documentary
Banijay Asia and Salman Khan TV collaborates to create content for digital and tv

World’s largest independent content creation group, Banijay Group recently entered Indian & South East Asian market under the guidance of Deepak Dhar with an aim to produce content across genres. Banijay Asia &SK TV, which was launched few years back, come together to create novel and...

Television TV Channels GECs
DSport reaches 110 mn households in a year

DSport, the sports TV channel by Discovery Communications, has achieved the milestone of reaching 110 million households in India. The channel was launched on 6 February 2017 and achieved the milestone within one year of operations in India and has expanded its distribution across all DTH and...

Television TV Channels Sports
Star Suvarna to telecast 'Kannadada Kotyadhipati 2018' the Kannada version of 'Who wants to be a Millionaire' as part of its revamp

May 21, 2018: The third season of Kannadada Kotyadhipati, the Kannada version of ‘Who wants to be a Millionaire’, which sets the stage for a revamps of Star Suvarna, the Kannada GEC channel of Star Network will premiere in June’18. Since January 2018, the channel has gained viewership share in...

Television TV Channels Regional
Republic Network partners with CAF India to nurture the Culture of Giving amongst Indians as part of its first year celebration.

Republic TV, India’s number 1 English news channel for non-stop 53 weeks is celebrating its milestone first year anniversary in a unique and special way. Republic TV has partnered with Charities Aid Foundation (CAF) India, a not for profit organisation to fuel and accelerate the spirit of giving...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories