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Wonderla Holidays reported Q3 revenue up 11% to Rs 134.5 Cr and 9M revenue up 6% to Rs 382.9 Cr. However, Q3 PAT declined 29% to Rs 14.5 Cr (9M PAT down 34%) due to a Rs 8 Cr one-time labor code impact and higher depreciation from new projects. ARPU saw over 8% growth, and resort revenue surged 71%.
The new Chennai Park, a Rs 611 Cr investment, launched successfully with a positive EBITDA contribution despite Rs 5.5 Cr launch costs. Management confirmed plans for 1-2 more parks within 2-3 years, focusing on pan-India expansion and ARPU improvement. Footfall growth remains a key area, with Bangalore showing signs of recovery. The company expresses optimism for long-term growth, driven by new park contributions and sustained operational efficiency.