Imagicaaworld Entertainment announced that the company has received a notice from Fire Department of Surat Municipal Corporation (Notice). Due to the recent incident in Rajkot - Gujarat, the authorities have taken a view to update & review SOPs for various entertainment parks. The said notice advises to temporarily close the operation of water park - Aquamagicaa located at Opp. Dumbal Transport Godown, Canal Road, Parvat Patiya, Magob, Surat - 395 010, Gujarat (Water Park at Surat) w.e.f. 28 May 2024, pending the said SOP review. It is informed to the Company that SOPs will be issued by the Municipal Authorities to entertainment parks and upon compliance thereof the Company will be allowed to resume the commercial operations of the said Water Park at Surat. It may be noted that the said Water Park at Surat was fully compliant with existing norms and was also BIS certified. The company added, We understand that similar notices have been issued to other entertainment parks in Surat to remain non-operational till the time new SOP will be issued by the Municipal Authorities. Powered by Capital Market - Live News

The Board of Imagicaaworld Entertainment at its meeting held on 28 May 2024 has approved the reclassification of authorised share capital from existing Rs 1100 crore dividend into 60 crore equity shares of Rs 10 each and 5 crore preference shares of Rs 100 each to Rs 1100 crore dividend into 100 crore equity share shares of Rs 10 each and 1 crore preference shares of Rs 100 each and the consequent alteration in capital clause of Memorandum of Association. Powered by Capital Market - Live News

Net profit of Imagicaaworld Entertainment reported to Rs 4.84 crore in the quarter ended March 2024 as against net loss of Rs 159.88 crore during the previous quarter ended March 2023. Sales rose 5.08% to Rs 56.63 crore in the quarter ended March 2024 as against Rs 53.89 crore during the previous quarter ended March 2023.For the full year,net profit rose 51.46% to Rs 540.93 crore in the year ended March 2024 as against Rs 357.14 crore during the previous year ended March 2023. Sales rose 3.78% to Rs 260.02 crore in the year ended March 2024 as against Rs 250.55 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales56.6353.89 5 260.02250.55 4 OPM %30.4426.85 -37.0533.92 - PBDT20.8219.28 8 113.27115.58 -2 PBT5.28138.45 -96 33.99166.32 -80 NP4.84-159.88 LP 540.93357.14 51 Powered by Capital Market - Live News

The Board of Imagicaaworld Entertainment at its meeting held on 28 May 2024 has approved raising up to Rs 600 crore through equity issuance by way of qualified institutions placement in one or more tranches. Powered by Capital Market - Live News

Net profit of Imagicaaworld Entertainment reported to Rs 4.84 crore in the quarter ended March 2024 as against net loss of Rs 159.72 crore during the previous quarter ended March 2023. Sales rose 5.08% to Rs 56.63 crore in the quarter ended March 2024 as against Rs 53.89 crore during the previous quarter ended March 2023.For the full year,net profit rose 51.33% to Rs 540.93 crore in the year ended March 2024 as against Rs 357.46 crore during the previous year ended March 2023. Sales rose 3.78% to Rs 260.02 crore in the year ended March 2024 as against Rs 250.55 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales56.6353.89 5 260.02250.55 4 OPM %30.4427.17 -37.0534.05 - PBDT20.8219.45 7 113.28115.90 -2 PBT5.28138.61 -96 33.99166.64 -80 NP4.84-159.72 LP 540.93357.46 51 Powered by Capital Market - Live News