Delta Corp zooms after good Q2FY19 numbers

Delta Corp Ltd. has produced a very satisfactory quarterly performance as of September 2018.

The company reported Net Sales of Rs. 201.35 crore in Q2FY19. This marked a rise of 38.59 per cent in comparison to Net Sales of Rs. 145.29 crore witnessed in Q2FY18. EBITDA for Q2FY19 stands at Rs. 66.81 crore in comparison to Rs. 56.05 crore in Q2FY18, thereby registering an increase of 19.2 per cent. Net Profit of Rs. 48.10 crore reported in Q2FY19 was up 11.18 per cent as against Rs. 43.26 crore in Q2FY18.

Additionally, EPS increased to Rs. 1.80 in Q2FY19 from Rs. 1.68 in Q2FY18.

Delta Corp Limited is the only listed company operating in the casino gaming industry in India.
The shares of Delta Corp have posted negative returns in the past year – the 6 months returns were -17.48 per cent and the 12 months returns were -0.41 per cent.

On Tuesday, the shares of Delta Corp Ltd. opened at Rs. 236 per share, and hit a high and low of Rs. 245 per share and Rs. 235.10 per share. At 12:35 pm, the stock was trading at Rs. 239 per share, up 5.54 per cent.