Bangalore – 10th February, 2018: Wonderla Holidays Ltd. – India’s No.1 Amusement Park operator; has announced its financial results for the Third quarter ended on December 31st , 2017.
Commenting about the performance during the quarter, Mr. Arun K Chittilappilly, Managing Director, Wonderla Holidays Ltd. Mentioned, “Despite a very challenging business environment, we are happy with our performance during third quarter of this financial year 2017-2018. Our gross revenue grew by 5% during this quarter while EBITDA grew by 37%. We recently launched Mission Interstellar, our latest ride in Hyderabad Park and we are confident that footfalls will revive in our older parks in the coming quarters. Considering the GST rate for Amusement Parks was reduced from 28% to 18% effective from 25th January 2018; we continue to be optimistic about our prospects of growth."
Bangalore – 15th November, 2017: Wonderla Holidays Ltd. – India’s No.1 amusement park operator; has announced its results for the second quarter ended on September 30th, 2017.
Commenting about the performance during the quarter, Mr. Arun K Chittilappilly, Managing Director, Wonderla Holidays Ltd. Mentioned, “Despite a very challenging business environment, we are happy with our performance during second quarter of this financial year 2017-2018. Our gross revenue grew by 15% during this quarter while EBITDA grew by 9%. We have recently launched our latest roller-coaster in Kochi, and are confident that footfalls will revive in our older parks in the coming quarters. Despite a very high tax rate of 28% being imposed on Amusement Parks in the GST regime, we continue to be optimistic about our prospects for growth."
Capacity Utilization & Expansion Plans With The Chittilappillys On Weekender, CNBC-TV18
Turning Private To Public- The Chittilappilly's On Weekender, CNBC-TV18
Expansion Plans At V-Guard & Wonderla With The Chittilappilly On Weekender | CNBC-TV18
Wonderla Holidays Limited Bangalore & Kochi, India’s most acclaimed amusement parks have been ranked #7 and #9 respectively amongst Asia’s leading amusement parks by Trip Advisor-a globally trusted travel website. Operating country’s two of largest amusement parks, Wonderla Holidays Limited is a one stop entertainment destination. The parks present a slew of world class thrillers, water based and land based rides for a perfect family outing.
According to Trip Advisor's travellers choice 2015 report, Wonderla Bangalore & Kochi have achieved #1 and #2 positions respectively amongst the top 10 amusement parks in India.
Overwhelmed with this accolade, Mr. Arun Chittilappilly, Managing Director- Wonderla Holidays Limited said, “We are proud to have been recognised amongst the leading players in the amusement park space in Asia. Our entire team is delighted to receive this honour. We will continue with our efforts to add on exciting entertainment options to our parks to ensure enhanced consumer experience. We look forward to receiving such encouragement and recognition that would drive us to go an extra mile and offer world class services to our patrons.”
The other Indian amusement parks that featured in 2015 Asian report include Adlabs Imagica, Mumbai (#18); Ramoji Film City, Hyderabad (#21); Essel World, Mumbai (#23).
Wonderla amusement parks have been drawing accolades and awards ever since it opened its doors to fun lovers, including top rankings on tripadvisor, tourism awards from Kerala and Karnataka States and even environmental and pollution control awards by state governments. Wonderla has now done again the when it was conferred with eight national awards at the prestigious 15th Amusement Expo 2015 that was held by the Indian association of Amusement Parks and Industries (IAAPI) recently.
Having witnessed the participation of over 100 domestic and international exhibitors, Wonderla Holidays Limited bagged various prominent awards including in the category of social media and radio advertising. The brand was also bestowed with a title in the best HR practices and most innovative rides and attractions category. Wonderla was even declared the runner-up in the total number and variety of rides, event of the year, print media and electronic media categories.
Clearly delighted by the recognition, Arun Chittilappilly, managing director of Wonderla Holidays Limited says “I'm delighted that Wonderla Holidays Limited has been honoured with so many esteemed titles at one of the country’s most respected events hosted by IAAPI. I'd like to congratulate our entire team for their unwavering dedication towards our mission of providing best in class entertainment. I hope we can do even better in the future."
Wonderla also has had many other noteworthy praise comings its way. According to Trip Advisor’s Travellers Choice 2014, Wonderla amusement park Bangalore has been ranked No.1 in India while its Kochi counterpart has been ranked number 3 in the same ranking list. In Asia rankings, Wonderla Bangalore ranks 7 and Wonderla Kochi ranks 13 among the top 25 amusement parks list, the highest for any Indian theme park.