Amusement park operator Wonderla Holidays has reported a dip in net profit at ₹20.3 crore, down by 45.6 per cent year-on-year (YoY) for the quarter that ended on December 31, as compared to ₹37.4 crore for the corresponding period last year.

The revenue from operations stood at ₹122 crore, down by 1.7 per cent as against ₹124 crore in Q3FY25. The earnings before interest, tax, depreciation, and amortisation (EBITDA) narrowed to ₹37 crore reflecting a 32 per cent YoY from ₹54.5 crore.

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. He added, “There has been a significant increase in online bookings, particularly at established parks in Bangalore, Kochi, and Hyderabad, driven by efforts to adapt to changing consumer preferences and enhance online presence. Additionally, with a focus on increasing non-ticket revenue, customer Spend Per Head (SPH) grew by 9 per cent in Q3 and 12 per cent over the nine-month period.”

The company recently concluded its Qualified Institutional Placement (QIP), raising ₹540 crore to fund its expansion plans. Of the total amount raised, ₹78 crore will be allocated for general corporate purposes, while the remaining funds will be directed toward Wonderla’s business expansion initiatives.

Additionally, it plans to open its Chennai park in 2025 and has two more projects in the pipeline. The company is also in discussions with various State governments to explore opportunities for setting up new parks.

The shares closed at ₹723.35, down by 5.48 per cent on the BSE.

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