Wonderla Topline Grows at 12% in FY 2014; Recommends 15% Dividend

Wonderla Holidays Limited, which had a spectacular debut on the bourses earlier this month has declared its financial results for the full year ended March 31, 2014 at the Board Meeting held in Bangalore today. The company has reported operating income of Rs 15362.58 lakhs as on March 31, 2014 which is an increase of 11.44% compared to Rs 13785.05 lakhs earned on March 31, 2013.

The total turnover has grown by 11.94% to Rs 15600.60 lakhs in FY ’14 as against Rs 13936.90 lakhs on March 31, 2013. The Profit after Tax (PAT) has grown 18.76% to Rs 3989.20 lakhs  from Rs 3358.93 lakhs a year ago. The company has also recorded an impressive EBIDTA growth of 13.48% at Rs 7274.29 lakhs last year compared Rs 6410.27 lakhs  registered on March 31, 2013

Commenting on the company’s performance, Arun Chittilappilly, Managing Director, Wonderla Holidays Limited said, “We are happy to report robust growth in an overall challenging business environment. We recently had a good debut on the bourses and once again would like to thank all our stakeholders and investors. We will continue to innovate and take amusement park entertainment to greater heights in India.”The Board of Directors of the Company at their meeting held on May 28, 2014, inter alia, have recommended a final dividend of Rs. 1.50 per share (15%) for the year ended March 31, 2014 subject to the approval of shareholders in ensuing Annual General Meeting.

The company recorded a total footfall of 22.92 lakhs  as on March 31, 2014  compared to the total footfall of 23.40 lakhs for the year ending March 31, 2013.