Delta Corp scales all-time high on solid Q3 results
ETMarkets.com|
Jan 16, 2018, 11.18 AM IST
NEW DELHI: Delta Corp hit a record high of Rs 338.90 in morning trade on Tuesday after the company reported a whopping 319.05 per cent increase in its consolidated net profit at Rs 44.70 crore for the December quarter.
At 10:31 am, the stock was trading at Rs 331, up 4 per cent on the BSE.
Its revenue for the third quarter of 2017-18 grew by nearly 57% YoY to Rs 162.2 crore from a year ago. Ebitda margin for the quarter improved 12.1 per cent to 42.4 per cent.
The results beat the Bloomberg estimate on revenue by 15 per cent, Ebitda by 11 per cent and PAT by 22 per cent, said an IIFL report.
At 10:31 am, the stock was trading at Rs 331, up 4 per cent on the BSE.
Its revenue for the third quarter of 2017-18 grew by nearly 57% YoY to Rs 162.2 crore from a year ago. Ebitda margin for the quarter improved 12.1 per cent to 42.4 per cent.
The results beat the Bloomberg estimate on revenue by 15 per cent, Ebitda by 11 per cent and PAT by 22 per cent, said an IIFL report.
