Delta Corp’s revenue came in flat YoY in 3QFY20 mainly due to lower Casino revenue (-3% YoY) as one of the vessels underwent maintenance indry dock, impacting 25 days of operation.
Segment-wise performance was impacted as follows:
-Casino gaming revenue declined 3% YoY to INR1,952m; EBIT margin contracted 790bp YoY to 29.7%.
-Online gaming revenue increased 9% YoY to INR403m; EBIT margin expanded 890bp YoY to 31.8%.
-Hospitality revenue increased 3% YoY to INR199m; it reported a loss of INR39m at the EBIT level
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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