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Delta Corp Ltd.
24 Apr 2018, 12:00AM
93.69
0.49%
Motilal Oswal
Revenue rose 59% YoY (est. of +42%) to INR1,716m in 4QFY18, led by higher gaming revenues. EBITDA margin expanded 750bp to 39.3% (est. of 45.7%) on a YoY basis, but shrunk 310bp on a QoQ basis due to a sequential contraction in the online gaming margin to 14% from 40%. EBIDTA stood at INR675m (est. of INR702m). Adj. PAT rose 2.8% YoY to INR437m (est. of INR440m).
Delta Corp Ltd. is trading above its 50 day SMA of 89.6
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