Wonderla Holidays Net Profit Up by 85.40% in Q2 of FY 2015-16

By BW Hotelier WONDERLA HOLIDAYS Ltd announced its results for the second quarter ended September 30, 2015 of FY 15-16. Gross Revenue for the Second Quarter, ending September 30, 2015-16 fiscal, were Rs 4881.24 lakhs; an increase of 31.40 per cent over corresponding period last financial year (Rs 3713.82 lakhs). Similarly, the Gross Revenue for the First half year ending September 30, 2015-16 fiscal were Rs 12346.63 lakhs, an increase of 19.50 per cent over corresponding period of last financial year (Rs 10329.39 lakhs). Profit After Tax for the second quarter, ending September 30, 2015-16 fiscal, was Rs 1194.87 lakhs; an increase of 85.40 per cent over corresponding period last financial year (Rs 644.37 lakhs). Similarly, the Profit After Tax for the first half year ending September 30, 2015-16 fiscal were Rs 3999.03 lakhs, an increase of 27.85 per cent over corresponding period of last financial year (Rs 3127.84 lakhs). Revenue from the two amusement parks ’ Bangalore and Kochi was Rs 4142.90 lakhs for the quarter. Similarly the revenue from the amusement parks for the half year ended September 30, 2015 was Rs 10588.23 lakhs. The resort division continues its good performance with an occupancy rate of 33 per cent for Q2 of this financial year. Arun K Chittilappilly, Managing Director, Wonderla Holidays Ltd. (see photo) said, ’We are happy with our performance during the second quarter of the ongoing financial year. We had good footfalls at the park and resort during the festive seasons and we are optimistic about growth coming in from both the amusement parks.’