Multiplex operator Inox Leisure reported a 1.26 percent decline in consolidated net profit at Rs 24.96 crore for the first quarter ended June 30.
The company had reported a net profit of Rs 25.28 crore in the April-June quarter of the previous fiscal.
Inox Leisure's net sales was up 11.31 percent to Rs 321.56 crore during the quarter under review as against Rs 288.87 crore in the corresponding quarter of the last fiscal, the company said in a BSE filing.
Meanwhile, in a separate filing, Inox Leisure informed BSE that its board in a meeting held today appointed Kailash B Gupta as new CFO of the company as the incumbent Upen Shah would retire from service on August 18, 2016.
Shah would take charge from August 19, 2016.
The company operates 108 properties with 425 screens located in 57 cities across India.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
