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Expect good Q3 margins

Prashant: The earnings for the quarter were weak set and the Cauvery unrest had a a considerable amount of an impact. Could you just you need to quantify the impact?

this: September was a pretty much a washout for us, Actually for two of our parks which is the Bengaluru obviously because of Cauvery issue and all the unrest was happening on Mysore Road where our park is found, So people were reluctant to travel and that obviously affected our footfalls.

as a, Just for the month of September we lost 50 percent of our footfall and it is exactly what has translated to that 28 percent reduction in footfalls for the quarter and all of it was contributed only in September. in contrast, A similar situation happened in Hyderabad for the reason that had very unusual rain patterns and floods during September, As that you were aware, and that also again dropped our footfalls. numerous, We missed our finds for Hyderabad as well.

suffice to say, Kochi is the only park which did really well for the quarter. After about six quarters of consecutive decline in footfalls,
We are authentic jerseys wholesale
seeing development in Kochi. We have seen about 7 percent growth in our footfall and that is the only saving grace for the quarter and then of course the resort also did an occupancy of about 45 percent as against 33 percent and that helped us shore up the numbers a little bit.

Ekta: Just wanted to concentrate on what happening now, Q2 was of course an aberration. Have footfalls normalised to the Bengaluru facility now and Hyderabad. what / things we expect?

an important: without a doubt, Since October we have seen growth in footfalls especially for Bengaluru. Hyderabad is still making up ground. christmas got affected a bit; there is a shift in holiday season in Hyderabad area. in spite of this, We have not seen a huge
revival there yet but we can expect a revival in Hyderabad.

however,within the other hand, Bengaluru definitely has bounced back superior and even Kochi has also bounced back. Hyderabad maybe during the course of Diwali, this coming weekend, we will have the real result.

Prashant: Any loitering impact to the Cauvery issue in Q3 as well?

a major: zero, I think most of occurred only in September thankfully, That is the saving grace and now things are completely back to normal. The road online connectivity between Mysore and Bangalore has been restored, The highway is fully open and we are becoming a lot of guests.

Prashant: October will likely have been pretty good, summer break etc as well?

an absolute: without a doubt, So October pretty much is a christmas season for us with Dussehra and Diwali and it has been good so far.

Prashant: would NFL Jerseys Wholesale
you, Given the impact of sept and how it affected Q2, Put out a forecast for footfalls for the full year given the information you already possess for Q2?

their: We haven’t reworked the footfalls. We
thought we will wait for one more quarter before revising footfalls because sometimes what happen is the footfalls which are lost can be regained this quarter, but sometimes it doesn So based on that we will wait for an at least another month before we revise our forecast, But there may be downward revision obviously for Bengaluru because we lost so many days, The park was virtually closed for almost 22 days in. too, It will be difficult for us to get those footfalls back, however it is hard to say.

Ekta: what is going to margins normalise to next quarter?

a: Margins will be under pressure for remainder of the year this means that bad quarter. It will be slightly a lesser amount than what we have earlier projected, But i think it will climb back up.

Ekta: So 20 per or 20 25 percent, 25 30 percent what is range?

every: I think Q3 margins are rather than Q2 so it should comeback definitely from what we have seen so far, But again like I said I can comment on it because this year it’s totally topsy turvy and I cannot give a prediction and it depends completely on footfalls revival.

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