This Article is From Aug 03, 2015

Adlabs Entertainment Posts Over Rs 14 Cr Loss in Q1

Adlabs Entertainment Posts Over Rs 14 Cr Loss in Q1
New Delhi: Theme park operator Adlabs Entertainment on Monday reported a standalone net loss of Rs 14.81 crore for the fiscal first quarter that ended on June 30, 2015.

The company had posted standalone net loss of Rs 28.67 crore for the corresponding period a year ago.

The firm's total income from operation increased over two-fold to Rs 85.01 crore as against Rs 36.35 crore in the year-ago period.

Adlabs Entertainment's Rs 400 crore initial public offer (IPO) concluded in March this year.

Shares in Adlabs Entertainment, on Monday, ended 2.84 per cent higher at Rs 170.30 apiece on the BSE.