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.

Found this insight useful?

For more such insights, delivered daily in real-time for free, download the inChat app from the Play Store. Download Now!

Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.