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- DELTA CORP. Announces Quarterly Results (2QFY20); Net Profit Up 22.7%
DELTA CORP. Announces Quarterly Results (2QFY20); Net Profit Up 22.7%
Thu, 17 Oct
DELTA CORP. has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:
DELTA CORP. Quarterly Financials
| No. of Mths Qtr. Ending | 3 Sep-18* | 3 Jun-19* | 3 Sep-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 2,014 | 1,865 | 2,008 | 7.7% | -0.3% |
| Other income | Rs m | 83 | 82 | 65 | -20.8% | -21.5% |
| Turnover | Rs m | 2,096 | 1,947 | 2,073 | 6.5% | -1.1% |
| Expenses | Rs m | 1,251 | 1,188 | 1,195 | 0.6% | -4.5% |
| Gross profit | Rs m | 766 | 678 | 822 | 21.3% | 7.4% |
| Depreciation | Rs m | 94 | 110 | 120 | 9.8% | 27.8% |
| Interest | Rs m | 7 | 10 | 11 | 3.9% | 47.2% |
| Profit before tax | Rs m | 748 | 640 | 757 | 18.1% | 1.2% |
| Tax | Rs m | 267 | 217 | 166 | -23.3% | -37.7% |
| Profit after tax | Rs m | 481 | 424 | 590 | 39.3% | 22.7% |
| Gross profit margin | % | 38.0 | 36.4 | 40.9 | ||
| Effective tax rate | % | 35.7 | 33.8 | 22.0 | ||
| Net profit margin | % | 22.9 | 21.8 | 28.5 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter fell 0.3% on a year-on-year (YoY) basis. The expenses were down by 4.5% YoY during the same period.
- The company's operating profit increased by 7.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.9% in 2QFY20 as against 38.0% in 2QFY19.
- Depreciation charges increased by 27.8% and finance costs increased by 47.2% YoY, respectively.
- Other income declined by 21.5% YoY during the quarter.
- Net profit for the quarter increased by 22.7% YoY. Net profit margins during the quarter increased from 22.9% in 2QFY19 to 28.5% in 2QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 7.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.6% QoQ during the same period.
- The company's operating profit increased by 21.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.9% in 2QFY20 as against 36.4% in 1QFY19.
- Net profit for the quarter increased by 39.3% QoQ, while net profit margins increased from 21.8% in 1QFY19 to 28.5% in 2QFY20.
To see how DELTA CORP. has performed over the last eight quarters,please visit here.
Free Guide: Find the Next Crorepati Stock in this Futuristic Industry
DELTA CORP. Share Price Performance
Over the last one year,DELTA CORP. share price has moved down from Rs 227.0 to Rs 179.7, registering a Loss of Rs 47.3 or around 20.8%.
Overall, the S&P BSE SENSEX is up 10.0% over the year.
Current Valuations
At the current price of Rs 179.7, the price to earnings (P/E) ratio of DELTA CORP. stands at 19.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.1 times.
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DELTA CORP. 2018-19 Annual Report Analysis (Annual Result Update)
Oct 18, 2019 | Updated on Oct 18, 2019Here's an analysis of the annual report of DELTA CORP. for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of DELTA CORP.. Also includes updates on the valuation of DELTA CORP..
DELTA CORP. Announces Quarterly Results (1QFY20); Net Profit Up 2.3% (Quarterly Result Update)
Jul 10, 2019 | Updated on Jul 10, 2019For the quarter ended June 2019, DELTA CORP. has posted a net profit of Rs 424 m (up 2.3% YoY). Sales on the other hand came in at Rs 2 bn (down 0.4% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.
DELTA CORP. Announces Quarterly Results (4QFY19); Net Profit Up 26.7% (Quarterly Result Update)
Apr 10, 2019 | Updated on Apr 10, 2019For the quarter ended March 2019, DELTA CORP. has posted a net profit of Rs 573 m (up 26.7% YoY). Sales on the other hand came in at Rs 2 bn (up 19.1% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.
DELTA CORP. 2017-18 Annual Report Analysis (Annual Result Update)
Dec 20, 2018 | Updated on Dec 20, 2018Here's an analysis of the annual report of DELTA CORP. for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of DELTA CORP.. Also includes updates on the valuation of DELTA CORP..
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