Wonderla Holidays hits the roof after stellar Q1 performance

Image
Capital Market
Last Updated : Aug 11 2022 | 4:04 PM IST

Wonderla Holidays hit an upper circuit of 20% at Rs 336.05 after the company reported a net profit of Rs 64.4 crore in Q1 FY23 as against a net loss of Rs 13.3 crore in Q1 FY22.

Total revenue from operations zoomed to Rs 149.4 crore in the first from Rs 4.4 crore reported in the same period last year.

Total expenses increased by 2.8x to Rs 67.2 crore during the quarter.

The company reported a pre-tax profit of Rs 85.1 crore in Q1 FY23 as compared with a pre-tax loss of Rs 19 crore recorded in the same period last year.

Wonderla Holidays operates three amusement parks in Kochi (Kerala), Bangalore (Karnataka) and Hyderabad (Telangana) under the brand name Wonderla.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 11 2022 | 3:53 PM IST

Next Story