Delta Corp Ltd Q2FY18
Consolidated Results Q2FY18: (Rs. in crore)
|EBITDA Margin (%)||45.1||286|
|Net Profit (adjusted)||43.26||34.2|
Delta Corp’s consolidated revenue for the quarter came in at Rs. 145.28 crore, registering 8.2% yoy increase. This was primarily driven by increase in revenue from Casino and Hospitality division by 17% yoy and 19% yoy, respectively.
EBITDA for the quarter rose by 15.5% yoy to Rs. 65.48 crore with a corresponding margin expansion of 286 bps. EBITDA margin for the quarter stood at 45.1%. This margin expansion was aided by 10% yoy decline in cost of materials consumed.
The PAT for the quarter came in at Rs. 43.26 crore, yoy increase of 34.2%. This was due to 74% decline in interest expenses. Also, increase in other income to Rs. 8.6 crore in Q2FY18 from Rs.1 crore in Q2FY17 contributed to the same.
Delta Corp Ltd is currently trading at Rs. 229.85, up by 2.45 points or 1.08% from its previous closing of Rs. 227.40 on the BSE.
The scrip opened at Rs. 229.30 and has touched a high and low of Rs. 232.40 and Rs. 228 respectively. So far 15,91,888(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.
BSE 261.25 14 (5.66%)
NSE 260.85 13.45 (5.44%)
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