Brands
Theme park twists as Imagicaa rides back to profit in Q3
MUMBAI: The rollercoaster finally slowed and steadied. Imagicaaworld Entertainment Limited swung back into the black in the December quarter, delivering a modest profit after a bruising September, even as higher costs and softer nine-month numbers kept the ride far from smooth.
For the quarter ended December 31, 2025, the company reported revenue from operations of Rs 91.25 crore, more than doubling sequentially from Rs 41.06 crore in Q2, and broadly flat compared with Rs 91.86 crore in the year-ago quarter. Including other income of Rs 4.56 crore, total income stood at Rs 95.80 crore.
The sharper top-line recovery translated into a profit after tax of Rs 1.54 crore, reversing a loss of Rs 30.24 crore in the preceding quarter and improving on the Rs 3.22 crore profit reported a year earlier. The turnaround was driven largely by stronger park operations and improved cost absorption during the festive-heavy quarter.
That said, expenses continued to loom large. Total costs for the quarter climbed to Rs 93.80 crore, led by other expenses of Rs 32.58 crore, depreciation and amortisation of Rs 20.50 crore, and finance costs of Rs 5.40 crore, underscoring the capital-intensive nature of the theme park business.
On a nine-month basis, the picture remained more restrained. Revenue from operations fell to Rs 269.60 crore, compared with Rs 315.82 crore in the corresponding period last year. Net profit for the nine months stood at Rs 14.52 crore, sharply lower than Rs 62.75 crore a year earlier, reflecting uneven footfalls, elevated fixed costs and the drag from financing and depreciation.
Exceptional items during the quarter were marginal, with a net gain of Rs 0.40 crore, largely linked to fair-value adjustments, offering limited relief to the bottom line.
For the full year ended March 2025, Imagicaa had reported revenue of Rs 410.00 crore and a profit of Rs 77.79 crore, setting a high base that the current year has struggled to match.
As the company heads into the final quarter, the message is clear: the crowds are returning, but the margins are still queuing. The December rebound offers breathing space, yet sustained profitability will depend on keeping costs in check while ensuring the turnstiles keep spinning.
Brands
Hyundai launches updated Ioniq 5 with 84 kWh battery, 690 km range
Priced at Rs 55.7 lakh, adds design, tech and safety upgrades.
MUMBAI: Charge it up, stretch it out, Hyundai’s latest electric upgrade is going the distance, quite literally. Hyundai Motor India Limited (HMIL) has introduced an updated version of its Ioniq 5, packing in a larger 84.0 kWh battery that delivers a claimed range of up to 690 km (ARAI-certified), marking a significant leap in everyday usability for its flagship electric SUV.
Built on Hyundai’s Electric Global Modular Platform (E-GMP), the refreshed IONIQ 5 aims to balance performance with practicality, reducing range anxiety while making long-distance electric travel more viable. The upgrade builds on a model that has already secured global recognition, including the World Car of the Year title.
The changes aren’t just under the skin. On the outside, the SUV gets a sharper, more futuristic look with redesigned front and rear bumpers, new skid plates, sporty alloy wheels, a revised rear spoiler and updated V-garnish lighting, all while retaining its signature Parametric Pixel design.
Inside, Hyundai has focused on making the experience more intuitive. The cabin now features a redesigned three-spoke steering wheel with illuminated pixel elements, dual 12.3-inch displays, and a reworked wireless charging pad integrated with physical controls for seat functions small tweaks that aim to improve day-to-day usability.
On the tech front, the IONIQ 5 gets Hyundai’s Connected Car Navigation Cockpit (ccNC), Controller Over-the-Air (C-OTA) updates, and now supports wireless Android Auto and Apple CarPlay. New additions such as Active Sound Design and in-car payment integration for EV charging reflect a push towards a more seamless, connected ownership experience. Remote immobilisation via Bluelink has also been introduced as an added security layer.
Safety sees incremental upgrades too, with features like Parking Collision-Avoidance Assist (Rear) and side parking distance warnings enhancing manoeuvrability in tight urban spaces.
The updated IONIQ 5 is available in four colour options Gravity Gold Matte, Midnight Black Pearl, Titan Grey and Optic White with an Obsidian Black interior theme.
Priced at Rs 55.7 lakh (ex-showroom), the new IONIQ 5 positions itself as a more rounded offering, less about futuristic promise, and more about making electric mobility fit seamlessly into everyday life.
