Wonderla reports revenue of INR 126.5 crore for Q3 FY25

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Indian amusement park chain Wonderla Holidays Ltd, announced its financial results for the third quarter and nine months ended December 31, 2024.

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The company surpassed 9.18 lakh footfalls for Q3 FY25 and reported a revenue of INR 126.5 crore for the same quarter, it said in a release.

The company also successfully completed a fund raise of INR 540 crores through qualified institutional placement.

Revenue from operations stood at INR 121.51 crore in Q3, with EBITDA at INR 42.15 down by 30.3 percent YoY and adjusted EBITDA at INR 44.14 crore, a de-growth of 27 percent YoY, said the release.

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Commenting on the performance during the quarter, Arun Chittilappilly, managing director of Wonderla Holidays Ltd. said, “Wonderla continues to demonstrate a steady performance, with 23.7 lakhs footfalls reported for the nine months of FY25, reflecting the sustained appeal of our parks. Wonderla Hyderabad has been a standout performer, achieving its highest-ever Q3 footfalls and revenue.

“We’ve seen a notable rise in online bookings, particularly across our established parks in Bangalore, Kochi, and Hyderabad, reflecting our successful efforts to adapt to shifting consumer preferences and expand our online presence. With our continued focus on growing non-ticket revenue, our customer Spend Per Head (SPH) grew by 9 percent and 12 percent in Q3 and nine months period respectively. In line with our vision of engaging younger generations and enhancing the park experience, we also re-launched Chikku last quarter, Wonderla’s iconic mascot, to foster deeper connections with our visitors.“As we continue to innovate and enhance our offerings, Wonderla remains well-positioned to capture emerging opportunities and drive growth in India’s expanding amusement and entertainment sector. Our unwavering commitment to operational excellence and delivering world-class experiences ensures we are poised for sustained success, even amidst dynamic market challenges.”

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