Wonderla Holidays zooms 20%, hits 52-week high on robust Q1 results

The company reported profit after tax of Rs 64.38 crore in Q1FY23 as against Rs 8.51 crore in Q4FY22 and net loss of Rs 13.25 crore in Q1FY22.

Shares of Wonderla Holidays were locked in 20 per cent upper circuit at Rs 336.05 after it hit 52-week high on the BSE in Thursday’s trade. The surge comes after the company reported robust earnings as profit after tax (PAT) grew to Rs 64.38 crore for the quarter ended June 2022 (Q1FY23) as against Rs 8.51 crore in the corresponding quarter of previous fiscal (Q4FY22).

Sequentially, the company’s total revenue from operationsmore-than-doubled to Rs 149.42 crore from Rs 57.69 crore, whereas it posted operational revenue of Rs 4.35 crore in Q1FY22.

The stock surpassed its previous high of