Cinemax India posts PAT of Rs 115 million

MUMBAI: Cinemax India has reported profit after tax (PAT) of Rs 115.2 million (Rs 11.52 crores) for the nine months ended unaudited consolidated financial results for the year 2007-08.


The company has posted a gross income of Rs 284.1 million (Rs 28.41 crores) on consolidated basis for the quarter ended 31 December, 2007.


Profit before tax (PBT) stood at Rs 164.2 million (Rs 16.42 crores) on consolidated basis for the nine months ended on December 31, 2007.


Cinemax’s footfalls this quarter were up by five per cent from 16.58 lakhs to 17.36 lakhs. The company has registered an EBITDA of Rs 242.1 million (Rs 24.21 crores) on consolidated basis which accounted to 30 per cent of the total revenues.


Currently, Cinemax operates at 17 locations with 51 screens and 13900 seats.