Q4FY17 Results: Adlabs Entertainment
Amir Shaikh / 25 May 2017
Adlabs Entertainment reported its results for the quarter ended March 31, 2017 on Thursday.
Adlabs Entertainment reported its results for the quarter ended March 31, 2017 on Thursday.
The company's total sales for Q4FY17 came in at Rs 55.7 crore, which represents a 7.9 per cent sequential decline and 4.9 per cent YoY increase.
The company's Theme Park and Water Park ARPUs have improved by 4 per cent over the corresponding quarter in FY17 and the non-ticketing ARPUs have grown by 11 per cent.
It reported operating loss of Rs 10.94 crore for the quarter, as against operating loss of Rs 5.64 crore in Q3FY17.
The company reported net loss of Rs 31.66 crore, as compared to net loss of Rs 23.2 crore in Q3FY17.
The stock opened today at Rs 76.55, touched intra-day low of Rs 74.95 and closed at Rs 75.95 on the BSE.
Adlabs Entertainment develops and operates theme, water and snow parks and Hotel Novotel.
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