Wonderla Holidays (WHL) Q2FY18 results were below our estimate. The company's gross revenues increased 15.0% YoY however, net revenues increased marginally by 1.3% YoY to | 49.4 crore (vs I-direct estimate of | 57.4 crore) mainly led by higher GST rates Bengaluru park revenues increased 4.3% YoY to | 19.4 crore and revenues from Hyderabad park increased 23.9% YoY to | 9.6 crore mainly led by higher footfall. However, Kochi park revenues declined 9.3% YoY to | 18.1 crore mainly led by decline in footfall...