DELTA CORP. Announces Quarterly Results (3QFY20); Net Profit Up 9.4%

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DELTA CORP. Announces Quarterly Results (3QFY20); Net Profit Up 9.4%
Wed, 15 Jan

DELTA CORP. has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

DELTA CORP. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m2,0582,0082,0512.1%-0.3%
Other incomeRs m55658327.1%49.9%
TurnoverRs m2,1132,0732,1342.9%1.0%
ExpensesRs m1,2181,1951,2615.5%3.5%
Gross profitRs m840822792-3.7%-5.7%
DepreciationRs m951201243.3%31.3%
InterestRs m6111429.2%132.2%
Profit before taxRs m795757737-2.6%-7.3%
TaxRs m29116618612.1%-36.1%
Profit after taxRs m504590551-6.7%9.4%
Gross profit margin%40.840.938.6
Effective tax rate%36.622.025.3
Net profit margin%23.828.525.8
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


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 up by 3.5% YoY during the same period.
  • The company's operating profit declined by 5.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 38.6% in 3QFY20 as against 40.8% in 3QFY19.
  • Depreciation charges increased by 31.3% and finance costs increased by 132.2% YoY, respectively.
  • Other income increased by 49.9% YoY during the quarter.
  • Net profit for the quarter increased by 9.4% YoY. Net profit margins during the quarter increased from 23.8% in 3QFY19 to 25.8% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 2.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.5% QoQ during the same period.
  • The company's operating profit declined by 3.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 38.6% in 3QFY20 as against 40.9% in 2QFY19.
  • Net profit for the quarter declined by 6.7% QoQ, while net profit margins declined from 28.5% in 2QFY19 to 25.8% in 3QFY20.

To see how DELTA CORP. has performed over the last eight quarters,please visit here.

Last Day: Watch the Replay of Great Indian Wealth Project Special Event

DELTA CORP. Share Price Performance

Over the last one year,DELTA CORP. share price has moved down from Rs 258.0 to Rs 202.6, registering a Loss of Rs 55.4 or around 21.5%.

Overall, the S&P BSE SENSEX is up 16.6% over the year.

Current Valuations

At the current price of Rs 202.6, the price to earnings (P/E) ratio of DELTA CORP. stands at 21.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.4 times.

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DELTA CORP. Announces Quarterly Results (4QFY20); Net Profit Down 49.9% (Quarterly Result Update)

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For the quarter ended March 2020, DELTA CORP. has posted a net profit of Rs 287 m (down 49.9% YoY). Sales on the other hand came in at Rs 2 bn (down 11.4% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.

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DELTA CORP. Announces Quarterly Results (2QFY20); Net Profit Up 22.7% (Quarterly Result Update)

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