footfalls

Wonderla Holidays Registers another blockbuster quarter. Registered 4.7 Lakhs footfalls and Rs.69 Cr. Revenue

November 10, 2022 TeluguSuperNews Leave a comment

Wonderla Holidays Limited, India’s largest Amusement Park chain has announced its financial results for the second quarter of the financial year ended 30^th September 2022.

Highlights:

Footfall surpasses pre-pandemic level. Achieved 32% growth in Footfalls compared to Q2 FY20.
Achieved 59% Revenue growth compared to Q2 FY20.
Bangalore Park recorded 1.91 lakhs footfalls (35% above Q2 FY20), Kochi Park recorded 1.72 lakhs footfalls (38% above Q2 FY20) and Hyderabad Park recorded 1.06 lakhs footfalls (18% above Q2 FY20).
Double digit revenue growth across units, driven by robust footfall numbers.
Park revenue was up by 61% compared to Q2 FY20 and recorded ARPU of Rs.1,306.
Sharp rebound in Resort performance. Highest ever occupancy at 76% and Revenue up by 78% compared to Q2 FY20.

Quarter update:

Footfalls for the Second Quarter ended 30^th September 2022 was 4.7 lakhs as against 3.57 lakhs during Q2 FY20.

Gross Revenue for the Second Quarter ended 30^th September 2022 was Rs.69.7 crores as against Rs.43.9 crores during Q2 FY20.

EBITDA for the Second Quarter ended 30^th September 2022 was Rs.23.1 crores as against a negative EBITDA of Rs.8.06 crores during Q2 FY20

Profit After Tax for the Second Quarter ended 30^th September 2022 was Rs.10.5 crores as against a loss after tax of Rs.0.16 crores during Q2 FY20.

Half year update:

Footfalls for the Half Year ended 30^th September 2022 was 15.88 lakhs as against 12.56 lakhs during HY20.

Gross Revenue for the Half Year ended 30^th September 2022 was Rs.222 crores as against Rs.165.2 crores during HY20.

EBITDA for the Half Year ended 30^th September 2022 was Rs.117.3 crores as against Rs.80.9 Cr during HY20

Profit After Tax for the Half Year ended 30^th September 2022 was Rs.75 crores as against Rs.42.2 crores during HY20.

Business Outlook:

Wonderla Holidays Registers another blockbuster quarter. Registered 4.7 Lakhs footfalls and Rs.69 Cr. Revenue

Commenting on the performance during the quarter, Mr. Arun K Chittilappilly, Managing Director said “We are back to pre-Covid levels and delivered a strong performance during the quarter. The surge in domestic tourism and the phenomenon of “revenge travel” also contributed to the rise in footfalls. Our performance is reflective of strategic focus on footfall from various segments, experimenting with new areas like Events, Ride Plus activities, F&B offerings and the operational excellence of our business. We are happy with the overall business performance during the quarter and are confident that the footfall will show an uptrend across all the locations in the following quarters.”

Wonderla Holidays Registers several firsts in this blockbuster quarter.

August 12, 2022 TeluguSuperNews Leave a comment

Wonderla Holidays Limited, India’s largest Amusement Park chain has announced
its financial results for the first quarter of the financial year ended 30 th June 2022.
Highlights:
 Highest ever quarterly Footfalls, Revenue, EBITDA, and PAT since inception.
 Footfall surpasses pre-pandemic level. Achieved 26% Revenue growth compared to
Q1 FY20.
 Bangalore Park recorded 4.23 lakhs footfalls (7% above Q1 FY20), Kochi Park
recorded 3.48 lakhs footfalls (38% above Q1 FY20) and Hyderabad Park recorded
3.47 lakhs footfalls (39% above Q1 FY20).
 Double digit revenue growth across units, driven by robust footfall numbers.
 Park revenue was up by 27% compared to Q1 FY20 and recorded ARPU of Rs.1,300.
 Sharp rebound in Resort performance. Highest ever occupancy at 80% and Revenue
up by 28% compared to Q1 FY20.
 The Company has signed an agreement with the Government of Odisha for leasing
land of 50.63 acres towards development of amusement park project in
Kumbarbasta Village, Khorda District, Bhubaneswar, Odisha.

Footfalls for the First Quarter ended 30 th June 2022 was 11.18 lakhs as against
0.34 lakhs during the corresponding period of the last Financial Year.
Gross Revenue for the First Quarter ended 30 th June 2022 was Rs.152.30 crores as
against Rs.5.43 crores during the corresponding period of the last Financial Year.
EBITDA for the First Quarter ended 30 th June 2022 was Rs.94.20 crores as against
a negative EBITDA of Rs.9.05 crores during the corresponding period of the last
Financial Year.
Profit After Tax for the First Quarter ended 30 th June 2022 was Rs.64.38 crores as
against a loss after tax of Rs.13.25 crores during the corresponding period of
the last Financial Year.

Wonderla Holidays Registers several firsts in this blockbuster quarter.

 Business Outlook:
Commenting on the performance during the quarter, Mr. Arun K Chittilappilly,
Managing Director said “We are back to pre-Covid levels and delivered a strong
performance during the quarter. The summer has been encouraging with footfall
contribution from both walk-in and groups in all the three parks and this is our
highest ever quarterly Footfalls, Revenue, EBITDA, and PAT since inception. The
surge in domestic tourism and the phenomenon of “revenge travel” also
contributed to the rise in footfalls. Our performance is reflective of strategic
focus on footfall from various segments, experimenting with new areas like
Events, Ride Plus activities and F&B offerings and the operational
excellence of our business. We are happy with the overall business
performance during the quarter and are confident that the footfall will show
an uptrend across all the locations in the following quarters.”