After FY23, Inox Leisure will add 834 screens

1 Sep 2022 , 11:39 AM

According to the company’s most recent annual report, multiplex operator Inox Leisure is confident in following an expansion strategy and has a pipeline of 834 additional screens after FY23.

By the conclusion of the current fiscal year, the company, which had 692 screens running across 73 cities in India as of June 30, 2022, expects that number to rise to 752.

Inox Leisure stated, “We are confident about moving on with our expansion strategy and we continuously seek to increase the number of screens across the country and enhance our balance sheet.”

The company “saw the biggest screen expansion, amounting to 32 in the industry (8 multiplex cinema theatres)” even in FY22, when the exhibition industry was negatively damaged by COVID-induced restrictions.

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