Cineline India Reports Unaudited Q2 Results; Net Loss Driven by Fire Incident and Labour Code Impact

Cineline India Reports Unaudited Q2 Results; Net Loss Driven by Fire Incident and Labour Code Impact

Cineline India Reports Unaudited Q2 Results; Net Loss Driven by Fire Incident and Labour Code Impact​

Cineline India Ltd has released its Unaudited Financial Results for the quarter ended June 30, 2026. The results were reviewed by independent auditors, KKC & Associates LLP, and approved at the company's Board of Directors meeting held on July 27, 2026.

The Statement of unaudited financial results reflects a net loss for the quarter ending June 30, 2026, primarily impacted by expenses and exceptional items. The figures for the quarter are presented in X lakhs, as detailed below.

Key financial outcomes for the period include:
  • Total Income (1+11): 6,030.93
  • Total Expenses (IV): 6,024.87
  • Profit/(Loss) before tax: (148.13)
  • Profit/(Loss) for the period: (120.98)

The company's results are presented in a comprehensive manner across multiple periods, as per the statement:

Particulars30 June 2026 (Unaudited)31 Mar 2026 (Audited)30 June 2025 (Unaudited)31 Mar 2026 (Audited)
Revenue from operations5,927.466,222.744,528.9823,669.62
Other income103.4712,767.00169.83830.98
Total Income (1+11)6,030.936,350.414,698.8124,500.60
Movie exhibition cost1,525.811,898.651,216.776,777.25
Consumption of food and beverages360.31341.98295.921,387.60
Power and fuel621.58450.94457.431,839.92
Employee benefits expense477.51432.4443,632.001,827.12
Finance costs364.5934,206.00324.481,321.75
Depreciation & amortization expenses890.84817.29684.212,928.96
Other expenses1,784.231,721.271,554.116,890.94
Total Expenses (IV)6,024.876,004.634,969.2422,973.54
Profit/(Loss) before exceptional item and tax6.06345.78(270.43)1,527.06
Exceptional Items(154.19)--(59.19)
Profit/(Loss) before tax(148.13)34,578.00(270.43)1,467.87

Operational Highlights and Factors Impacting Earnings

The results for the quarter ending June 30, 2026, are affected by significant operational events as detailed in the financial notes. The company recognized a loss of Rs. 154.19 Lakhs under Exceptional Items due to a fire incident that occurred on May 21, 2026, at Pacific Mall in Ghaziabad, which impacted its cinema premises.

Furthermore, Cineline India assessed and disclosed the financial impact of the new Labour Codes under Exceptional Items for the year ended March 31, 2026. This statutory impact, primarily related to a revised definition of wages under the Labour Codes, was recognized as past service cost amounting to Rs. 59.19 Lakhs.

The results were subject to limited review by independent auditors, KKC & Associates LLP. The company has concluded that there is only one operating segment, and accordingly, no separate disclosures of segment information have been made.

CINELINE Stock Price Movement​

Shares of Cineline India Limited are shedding 1.97% in live trading as of 2:02 PM, currently standing at ₹85.00 after the equity dropped by ₹1.71. The stock has seen a total traded volume of 29,556 shares so far today.
 

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