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Cineline India Q3 Net Profit Surges 470% YoY to ₹6.21 Crore; Revenue Up 6%
Cineline India reported a robust performance for Q3 FY26, with net profit jumping to ₹6.21 crore from ₹1.09 crore in the same quarter last year. Revenue from operations grew by 6.1% YoY to ₹67.21 crore, reflecting steady demand in the movie exhibition business. The company achieved a significant turnaround for the nine-month period, posting a profit of ₹8.20 crore compared to a loss of ₹4.64 crore in the previous year. A minor exceptional hit of ₹59.19 lakhs was recorded due to the implementation of new statutory labor codes.
Key Highlights
Net Profit for Q3 FY26 rose to ₹6.21 crore, a 470% increase over ₹1.09 crore in Q3 FY25.
Revenue from operations increased to ₹67.21 crore from ₹63.31 crore in the corresponding quarter of the previous year.
Finance costs were significantly reduced to ₹3.40 crore in Q3 FY26 from ₹6.83 crore in Q3 FY25.
The company turned profitable for the nine-month period ending Dec 2025 with a profit of ₹8.20 crore.
Earnings Per Share (EPS) for the quarter improved to ₹3.63, up from ₹0.63 in the previous year's quarter.
💼 Action for Investors
The sharp turnaround in profitability and substantial reduction in finance costs indicate improving operational efficiency. Investors should maintain a positive outlook but monitor if the company can sustain these margins amidst fluctuating movie release cycles.
Cineline India Opens 3-Screen MovieMax Multiplex in Bareilly; Total Screen Count Reaches 80
Cineline India Limited has announced the opening of a new 3-screen multiplex under the MovieMax brand at City Centre LA Mall in Bareilly, Uttar Pradesh. This new facility adds 564 seats to the company's capacity and features advanced 2K Laser projectors and Dolby 7.1 Surround Sound technology. With this launch, the company's regional presence in Uttar Pradesh has grown to 23 screens. Nationally, Cineline now operates 80 screens across 20 properties in 14 cities, marking a significant milestone in its nationwide expansion strategy.
Key Highlights
Opened a new 3-screen multiplex in Bareilly, Uttar Pradesh, with a total seating capacity of 564.
Equipped with advanced 2K Laser projectors and Dolby 7.1 Surround Sound technology.
Increased regional screen count in Uttar Pradesh to 23 screens.
Total nationwide operations expanded to 80 screens across 20 properties in 14 cities.
Strengthens the MovieMax brand's position as a leading player in the Indian cinema exhibition industry.
💼 Action for Investors
Investors should view this as a positive growth indicator and monitor the company's ability to maintain occupancy levels and improve margins as it scales its screen count. Watch for upcoming quarterly results to see the revenue contribution from these new capacity additions.
Reliance Infra Auditors Resign After Filing Fraud Report with Central Government
M/s Chaturvedi & Shah LLP has resigned as the statutory auditor of Reliance Infrastructure, effective after the FY2025-26 audit. The resignation is triggered by a SEBI Show Cause Notice alleging gross irregularities, misutilization of funds, and diversion of capital to CLE Private Limited. Significantly, the auditors have filed Form ADT-4 with the Central Government, a mandatory filing when an auditor suspects fraud exceeding ₹1 crore. The company has vehemently denied the allegations, labeling the auditor's actions as illegal and part of a malicious campaign by corporate rivals.
Key Highlights
Auditors filed Form ADT-4 on January 19, 2026, reporting suspected fraud to the Central Government under Section 143(12).
SEBI Show Cause Notice alleges intentional concealment of the relationship between the Company and CLE Private Limited.
The Audit Committee failed to provide a satisfactory response to the auditor's queries within the legal 45-day window.
Reliance Infra claims a 'malicious campaign' has already led to a market capitalization loss of over ₹15,000 crore.
The auditor will continue to serve until the completion of the statutory audit for the financial year ending March 31, 2026.
💼 Action for Investors
Investors should exercise extreme caution as the filing of Form ADT-4 and auditor resignation over fraud allegations are severe red flags. It is advisable to wait for clarity from the SEBI investigation and the Central Government's response before making new commitments.
RelInfra Shareholders Approve FCCB Issuance and Enhanced Borrowing Powers
Reliance Infrastructure shareholders have approved two key special resolutions via postal ballot, providing the company with significant financial flexibility. The resolution for issuing Foreign Currency Convertible Bonds (FCCBs) or other securities passed with a 97.94% majority. Additionally, the proposal to enable enhanced borrowing powers was approved with 89.43% support. However, there was notable institutional resistance to the borrowing power resolution, with 86.9% of institutional votes cast against it.
Key Highlights
Resolution for issuance of FCCBs and other securities approved with 97.94% votes in favor.
Resolution to enable enhanced borrowing powers approved with an 89.43% majority.
Institutional investors cast 86.9% of their votes against the borrowing power resolution.
Total valid votes polled amounted to 17.68 crore across a shareholder base of 7.39 lakh.
The voting results were finalized and declared on December 18, 2025.
💼 Action for Investors
Investors should monitor the specific terms and conversion prices of the upcoming FCCB issuance as they will determine future equity dilution. The high institutional dissent regarding borrowing powers suggests a need for caution regarding the company's long-term debt management strategy.
RELINFRA: Lien placed on bank accounts for ₹77.86 crore due to alleged FEMA violations
Reliance Infrastructure Limited has announced that the Enforcement Directorate (ED) has placed a lien on the company's bank accounts for ₹77.86 crore. This action is related to alleged violations under the Foreign Exchange Management Act (FEMA). The company intends to take appropriate legal steps in response to this order. Investors should monitor the developments of this legal matter and its potential impact on the company's financials.
Key Highlights
ED has placed a lien on RELINFRA bank accounts for ₹77.86 crore.
The lien is related to alleged violations under FEMA.
Reliance Infrastructure will take appropriate legal steps.
💼 Action for Investors
Investors should closely monitor the progress of this legal matter and its potential financial implications for Reliance Infrastructure. Consider consulting with a financial advisor to assess the impact on your investment portfolio.