India’s Delta Corp falls after Q3 core profit margin contracts

Delta

18/01/2023 05:07

** Shares of Delta Corp  DELT.NS  fall as much as 7.15% at
196.20 rupees, their lowest in three weeks
    ** Casino & e-gaming holding company on Tuesday reported a
nearly 3% slide in Q3 core profit at 1.03 bln rupees
    ** Co’s consolidated core profit margins contracted to
37.73% from 42.91% in the same quarter, a year ago
    ** Segment liabilities rose in each of the three divisions
that the company operates in - casino gaming, online skill
gaming and hospitality - during the quarter
    ** More than 4.46 million shares traded as of 10:30 a.m.,
1.8x the 30-day average of 2.48 million shares     
 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))