Wonderla Holidays announces closure of its Kochi (Kerala) and Hyderabad (Telangana) parks till 29 April 2021 or until further notice due to the current COVID-19 situation.
The decision was taken to contain the spread of COVID-19 and to ensure the safety of the customers. Following the government directive due to the rising COVID-19 cases in Karnataka, Wonderla Holidays had last day announced the closure of its Bangalore park till 4 May 2021, or until further notice.On a standalone basis, Wonderla Holidays reported a net loss of Rs 14.75 crore in Q3 FY21 as compared with a net profit of Rs 21.03 crore in Q3 FY20. Net sales slumped 93.1% to Rs 4.85 crore in Q3 FY21 over Q3 FY20.
The company operates three amusement parks in Kochi, Bangalore and Hyderabad under the brand name Wonderla.
Shares of Wonderla Holidays fell 0.44% to Rs 179.95 on BSE. The scrip hovered in the range of Rs 177 to Rs 180.65 so far.
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