Wonderla Holidays Lt posts Q1 net loss of Rs 13.25 cr
The company reported standalone net loss during the quarter stood at Rs 13.25 crore as compared to net loss of Rs 14.51 crore in the previous year quarter. Net revenue of the company rose three fold by 21650.00 per cent at Rs 4.35 crore in April-June quarter of this fiscal as against Rs 0.02 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 21.68 per cent to Rs 14.48 crore from Rs 11.90 crore in year ago period. Other Income dipped by 40.66 per cent at Rs 1.08 crore versus (Jun'20 Rs 1.82 crore). Operating Profit slipped by 14.73 per cent to Rs -10.13 crore as against Rs -11.88 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 99.58 per cent in June quarter. Interest declined by 35.71 per cent y-o-y to Rs 0.09 crore, while Taxation decreased by 6.25 per cent at Rs -5.70 crore (Jun'20 Rs -6.08 crore).