Cineline India Limited — Updates, 04-02-2025: Press Release
Cineline India Limited reported notable growth in its film exhibition and hotel businesses for Q3 FY25 and the first nine months of the fiscal year. For the film exhibition segment, total revenue reached ₹6,370 lakh, up 17% from the previous year, primarily driven by successful movie releases like "Pushpa: The Rule – Part 2." EBITDA improved by 11% to ₹1,517 lakh. Admissions increased by 13% year-on-year, reaching 18.9 lakh, with net box office collections growing 21%.
In the hotel segment, total revenue rose by 3% to ₹1,739 lakh, with EBITDA climbing to ₹764 lakh, representing a 12% increase. The hotel business maintained a robust occupancy rate of 91%. The company plans to expand by launching new multiplexes, including a recent addition in Pune and a luxury format in Noida. Cineline anticipates significant growth ahead, buoyed by a strong lineup of upcoming movie releases and strategic initiatives to enhance operational efficiency, alongside efforts to reduce debt through asset sales and capital infusion. Positive outlook for future expansion remains strong.
