Wonderla Holidays Limited (Wonderla) reported strong operating performance in Q1FY2020 with revenue and PAT growing by ~13% and ~28%, respectively, in Q1FY2020. Footfalls grew by 8% with the Bangalore and Kochi parks seeing a rise of 9% and 12% respectively, in footfalls in a seasonally strong quarter. Higher footfalls and operating efficiencies helped operating margins (OPM) expand by 298 bps to 58.3%. The company has acquired 62 acres in Kelambakkam, Chennai for its fourth park and work will begin once regulatory approvals come in....