May 24 2016, 18.36 PM IST || Pocket News Alert
Highlights:
· Gross Revenue for the Financial year ending March 31, 2016 were Rs. 223.43 crore, an increase of 16.30% over last financial year (Rs. 192.11crore). Similarly the gross revenue for the Fourth Quarter, ending March 31, 2016, were Rs 46.88 crore; an increase of 19.15% over corresponding period last financial year (Rs 39.34 crore).
· Profit after Tax for the year ending March 31, 2016 were Rs. 59.81crore, an increase of 18.15% over last financial year (Rs. 50.63crore) . The profit after tax for the Fourth Quarter, ending March 31, 2016, was Rs 7.56 crore; an increase of 14.90%over corresponding period last financial year (Rs.6.58 crore).
· Business Outlook:
“We are satisfied with the performance during the fourth quarter of the financial year. We have witnessed a growth in revenue by 16.30% during this quarter. The footfalls were pretty much flat for the quarter. The launch of Hyderabad Park has been a big hit and we are seeing great footfalls in Hyderabad so far, and has enhanced our confidence to expand into further new geographies.” Said Mr. Arun K Chittilappilly, Managing Director, Wonderla Holidays Ltd.
Updates:
· The Number of visitors during the Fourth quarter ended on March 31, 2016 was almost same (4.96 lakhs) as corresponding period for the last year.
About Wonderla Holidays Ltd:
Wonderla Holidays Limited is one of the leading amusement park operators in India. The company is promoted by Arun K Chittilappilly and Kochouseph Chittilappilly. The company currently owns and operates three amusement parks in Kochi, Bangalore and Hyderabad respectively and a resort at the Bangalore facility named ‘Wonderla Resort’. It has 62 rides in Wonderla Bangalore, 58 rides in Wonderla Kochi and 43 rides in Hyderabad. Wonderla has an R&D facility to design and manufacture rides for its own amusement parks. Wonderla has manufactured India's largest and tallest Ferris wheel- the Skywheel in its Bangalore park. Wonderla launched India's first reverse looping roller coaster at their Bangalore and Hyderabad Parks. Wonderla is ranked India’s No.1 amusement park and Asia’s 7th best amusement park as per Trip Advisor ranking for the third consecutive year. Wonderla Holidays Limited is listed on the Bombay Stock Exchange (BSE). For further information on Wonderla, please visit us www.wonderla.com