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This Article is From Nov 16, 2017

Unseasonal Rains, GST Price Hikes Drag Wonderla Holidays’ Q2 Earnings

Unseasonal Rains, GST Price Hikes Drag Wonderla Holidays’ Q2 Earnings
A woman and a child ride a bumper car at a theme park (Photographer: Qilai Shen/Bloomberg) 

Unseasonal rains and the price hikes on account of the Goods and Services Tax impacted Wonderla Holidays Ltd.'s earnings during the September ended quarter, Managing Director Arun Chittilappilly told BloombergQuint. The amusement park operator's net profit declined 37.58 percent year-on-year to Rs 2.3 crore during that period.

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