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Wonderla Holidays Limited announces results for the first quarter of FY 2021-22
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Universal Digital Access - prime requisite for leading the next techade: ETILC
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Wonderla Bangalore Park is all set to open from 12th August
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Wonderla Hyderabad is all set to open from 5th August, 2021
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Wonderla Holidays slipped 1.59% to Rs 207.35 after the company reported net loss of Rs 4.87 crore in Q4 FY21 compared with net profit of Rs 1.56 crore in Q4 FY20.
Net sales dropped 21.5% to Rs 33.30 crore in Q4 FY21 over Q4 FY20. Pre-tax loss stood at Rs 6.28 crore in Q4 FY21 as against a pre-tax profit of Rs 0.42 crore in Q4 FY20. EBITDA during Q4 March 2021 dropped 46.69% to Rs 4.03 crore as against Rs 7.56 crore in Q4 March 2020. The resort achieved 28% occupancy during the fourth quarter of FY 2020-21 as against 33% during the corresponding period over last year.
During the financial year, Wonderla Holidays standalone net loss stood at Rs 49.93 crore in FY21 compared with net profit of Rs 64.78 crore in FY20. Total revenue from operations fell 85.86% to Rs 38.27 crore in FY21 compared with Rs 270.87 crore in FY20.