Wonderla Holidays Reports Negative Financial Results for Q2 FY24-25

Wonderla Holidays, a leading amusement park and recreation company, recently announced its financial results for the quarter ending September 2024. The company, which falls under the smallcap category, has received a 'Strong Sell' call from MarketsMOJO.

According to the financial report, Wonderla Holidays has seen a negative performance in the second quarter of FY24-25, with a score of -15 compared to -11 in the previous quarter. However, there are some positive aspects to the company's financials.

One of the highlights is the Debtors Turnover Ratio, which has been the highest in the last five half yearly periods at 396.18 times. This indicates that the company has been able to settle its debtors at a faster rate.

On the other hand, there are some areas of concern for Wonderla Holidays. The Profit Before Tax less Other Income (PBT) for the quarter has fallen by -230.04% YoY, standing at Rs -15.93 crore. The net sales for the quarter have also decreased by -10.35% YoY, at Rs 67.38 crore. The company's profitability has also taken a hit, with the Profit After Tax (PAT) growing at a negative rate of -20.44% YoY.

In addition, the company's net sales and operating profit have been at their lowest in the last five quarters, indicating a negative trend in the near term. The operating profit margin has also decreased to -1.62%, showing a decline in the company's efficiency.

Overall, the financial results for Wonderla Holidays in the quarter ending September 2024 have been negative. Investors should carefully consider these factors before making any investment decisions.