Wonderla posts 21 cr net

Hyderabad: Wonderla Holidays Limited reported Rs 21.03 crore net profit for the third quarter ended December 31, 2019, registering a growth of 45 per cent from Rs 14.52 crore in the same period a year ago. The net profit for the first nine months period this fiscal was Rs.63.22 crore, 31 per cent increase over previous year's Rs 48.43 crore.

The net revenue for third quarter declined to Rs 72.74 crore as against Rs 78.63 crore register a year ago. "Footfall grew by nine per cent in Hyderabad and two per cent in Kochi during the quarter. Bangalore witnessed a reduction of 22 per cent in footfall due to the effect of the demand slowdown and other market conditions," the company said.