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

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

DELTA CORP. Announces Quarterly Results (4QFY20); Net Profit Down 49.9%
Wed, 20 May

DELTA CORP. has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

DELTA CORP. Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m2,0432,0511,809-11.8%-11.4%
Other incomeRs m928310425.5%12.2%
TurnoverRs m2,1352,1341,913-10.4%-10.4%
ExpensesRs m1,1641,2611,3335.7%14.5%
Gross profitRs m922792477-39.9%-48.3%
DepreciationRs m951241315.5%38.7%
InterestRs m3141617.5%544.0%
Profit before taxRs m918737433-41.2%-52.8%
TaxRs m344186146-21.7%-57.6%
Profit after taxRs m573551287-47.8%-49.9%
Gross profit margin%45.138.626.3
Effective tax rate%37.525.333.7
Net profit margin%26.825.815.0
* 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 11.4% on a year-on-year (YoY) basis. The expenses were up by 14.5% YoY during the same period.
  • The company's operating profit declined by 48.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.3% in 4QFY20 as against 45.1% in 4QFY19.
  • Depreciation charges increased by 38.7% and finance costs increased by 544.0% YoY, respectively.
  • Other income increased by 12.2% YoY during the quarter.
  • Net profit for the quarter declined by 49.9% YoY. Net profit margins during the quarter declined from 26.8% in 4QFY19 to 15.0% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 11.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.7% QoQ during the same period.
  • The company's operating profit declined by 39.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.3% in 4QFY20 as against 38.6% in 3QFY19.
  • Net profit for the quarter declined by 47.8% QoQ, while net profit margins declined from 25.8% in 3QFY19 to 15.0% in 4QFY20.

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

REVEALED: How I Pick My 'Vertical Trades'...

DELTA CORP. Share Price Performance

Over the last one year,DELTA CORP. share price has moved down from Rs 179.0 to Rs 67.6, registering a Loss of Rs 111.4 or around 62.2%.

Overall, the S&P BSE SENSEX is down 22.8% over the year.

Current Valuations

At the current price of Rs 67.6, the price to earnings (P/E) ratio of DELTA CORP. stands at 8.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "DELTA CORP. Announces Quarterly Results (4QFY20); Net Profit Down 49.9%". Click here!

  

Related Views on News

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

Jan 15, 2020 | Updated on Jan 15, 2020

For the quarter ended December 2019, DELTA CORP. has posted a net profit of Rs 551 m (up 9.4% YoY). Sales on the other hand came in at Rs 2 bn (down 0.3% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.

DELTA CORP. 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

Here'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 (2QFY20); Net Profit Up 22.7% (Quarterly Result Update)

Oct 17, 2019 | Updated on Oct 17, 2019

For the quarter ended September 2019, DELTA CORP. has posted a net profit of Rs 590 m (up 22.7% YoY). Sales on the other hand came in at Rs 2 bn (down 0.3% YoY). Read on for a complete analysis of DELTA CORP.'s quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

Charge Your Portfolio with this Smallcap Proxy Play on India's EV Revolution(Profit Hunter)

Mar 5, 2021

This could be the biggest wealth creator of the decade.

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

DELTA CORP SHARE PRICE


Mar 9, 2021 03:36 PM

TRACK DELTA CORP

  • Track your investment in DELTA CORP with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

DELTA CORP - E.I.D. PARRY COMPARISON

COMPARE DELTA CORP WITH

MARKET STATS