Leisure Facilities company Imagicaaworld Entertainment announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue stood at Rs 40 crore in Q2FY25 vs Rs 36 crore in Q2FY24. Losses reduced to Rs 6.7 crore, from Rs 57.4 crore in Q2FY24. Footfall across all parks stood at 2.5 lakh. H1FY25 Financial Highlights: Record revenue growth at Rs 223.9 crore in H1FY25, up 59% YoY. Higher volumes resulting from increase in footfall and occupied room nights. EBITDA clocked of Rs 106.6 crore; with EBITDA Margins of 48%. PBT (before exceptional items) of Rs 66.3 crore, up 315% YoY with a margin of 29%. Highest ever Footfalls of 16.2 lakh for H1 since inception, up 128% YoY. Paid Rs 130 crore through internal accruals for acquisition of the Lonavala and Shirdi Park businesses Other Highlights: Commercial integration and consolidation with parks owned by Giriraj Enterprises, the flagship entity of the Malpani Group, resulting in 2x and 1.5x increase in footfall and revenue respectively. With this combined strength, Imagicaa now operates across five locations, featuring eight parks and one five star hotel in total – which is the largest portfolio for any player in India. This merger has resulted in record 1.6 million visitors across locations in H1. 15+ new rides and attractions across Wet‘nJoy and Sai Teerth parks in H1FY25. Increased daily capacity. The Company got permission to reopen from Surat Municipal Corporation on the operations of Surat park from November 1, 2024. Indigenously developed unique and interesting characters and merchandise options. New initiatives for the Second half of the year: New Trampoline Park being launched at Imagicaa Khopoli Theme Park. Launch of two news shows in Sai Teerth, India’s first devotional theme park. Expansion of Lonavala water park with 8 new rides. Expected Launch of Indore Water Park in Q4. Jai Malpani, Managing Director of Imagicaaworld Entertainment, said: “The first half of this fiscal year has been landmark for us, both in terms of revenue and EBITDA growth, despite challenges in this period including national elections, heat wave in vacations and a higher than usual monsoon in the catchment. The consolidation and turnaround efforts initiated by the Malpani Group have delivered tangible, positive results with 2x increase in EBITDA and 1.5x increase in revenue. We endeavour to drive our in-park spending higher leveraging the premium experience we offer in our food and merchandising initiatives, with the objective of getting closer to global benchmarks. We’re encouraged by strong booking trends and attendance and look forward to the upcoming festive and holiday season, with events like the “New Year Bash” which will attract even greater engagement. Our confidence in delivering operational and financial improvements remains high, as we continue to increase our revenue, EBITDA, and shareholder value. While we have reinvested in our parks to enhance guest experience and drive footfalls, these efforts are recouped through cost savings and operational efficiencies across the portfolio, capturing the full benefit of our consolidation synergies. We’ve only begun the journey of tapping into our full potential, with a strategic focus on expansion in Tier-1 and Tier-2 cities across India, this consolidation will lay the foundation for smooth expansion nationwide, delivering sustainable value creation in the years to come.” Result PDF