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Delta Corp Ltd : Q3FY17 Results

Delta Corp Ltd. reported its results for the quarter ended December 31, 2016, during pre-market hours today.

The total sales for this quarter, Q3FY17 were Rs. 103.56 crore, representing a 22.88 per cent sequential decline and 4.46 per cent YoY increase.

The company's operating profit (EBIT) for the quarter was Rs 22.35 crore while the EBIT margin stood at 21.58 per cent.

The company reported PAT  of Rs 10.06 crore which represents a QoQ decline of 68.8 per cent and a YoY increase of 37.24 per cent.

The company's stock opened lower at Rs 129.2 as compared to the previous close of Rs 135.4 on the BSE. After the gap down opening, the stock rose to a high of Rs 135.

Delta Corp operates in four business segments: real estate, lease rental, hospitality, gaming and others. The gaming segment includes other forms of wagered gaming, such as racing and sports betting, bingo, lotteries, pachinko, and gaming machines

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