{
  "id": 19917874,
  "title": "Imagicaaworld Rides High On Strong Footfalls, H1 Revenue Climbs 15% To ₹218 Crore As ₹248 Crore Hotel Sale Gets Nod",
  "url": "https://urgent.news/2026/11/14/imagicaaworld-rides-high-on-strong-footfalls-h1-revenue-climbs-15-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T04:01:41.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/imagicaaworld-rides-high-on-strong-footfalls-h1-revenue-climbs-15-to-218-crore-as-248-crore-hotel-sale-gets-nod"
  },
  "original_language": "en",
  "account": "Mumbai's Imagicaaworld Entertainment Limited posted a 15% rise in H1 FY27 revenue from operations, reaching ₹218 crore. Visitor footfalls at the company's parks increased 16.5% to 13.65 lakh, while average revenue per user grew 3.2% to ₹1,420. EBITDA climbed 14% to ₹72.3 crore, marginally improving to approximately 33%. The board approved the sale of the Novotel Imagicaa hotel in Khopoli for ₹248 crore, aiming to cut debt and refocus on core entertainment operations. Imagicaaworld also invested ₹50 crore to acquire a 50.002% stake in Mehsana Next Parks, operating Shanku's Water Park in Gujarat. The company intends to grow through higher attendance at its parks, strategic acquisitions, and monetising assets.",
  "summary": "Mumbai: Imagicaaworld Entertainment Limited reported a 15% year-on-year increase in revenue from operations to ₹218 crore for the first half of FY27, supported by higher visitor footfalls and improved spending across its entertainment parks. The company also announced major strategic decisions, including the proposed sale of its Novotel Imagicaa hotel and an investment in a Gujarat-based water…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}