Multiplex industry profitability margins to range in 14-16% in FY2023e: ICRA

ICRA estimates that multiplex industry revenues will exceed pre-pandemic revenues (FY2020 revenue) by 6-8% in FY2023e It’s showtime for Indian Multiplexes. The profitability margin of the Indian Multiplex industry in comparison to operational losses in the previous two years, is predicted to be 14-16% (adjusted for Ind-AS 116) [1] for the full fiscal FY2023, as […]

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