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New Park In Chennai To Cost Wonderla Rs 350 Crore

More than half of the project cost will be financed by internal accruals, said MD Arun Chittilappilly.

Visitors swing on a ride. (Photographer: Victor J. Blue/Bloomberg)
Visitors swing on a ride. (Photographer: Victor J. Blue/Bloomberg)

Wonderla Holidays Ltd.’s new amusement park in Chennai is expected to cost Rs 350 crore. More than half of the project cost will be financed by internal accruals, managing director Arun Chittilappilly told BloombergQuint.

Wonderla Holidays expects to grow between 10 to 20 percent in the current fiscal year, and margins are expected to improve, Chittilappilly added.

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