Delta Corp shares trade in the red after Q4 results

NEW DELHI: Shares of Delta Corp traded in the negative territory on Tuesday after the company reported that its March quarter consolidated net profit jumped 25 per cent.

For the January-March quarter, the company's net consolidated profit stood at Rs 56.72 crore against Rs 45.26 crore in the corresponding quarter a year ago.

Net consolidated revenue for the March quarter came at Rs 204.29 crore against Rs 171.58 crore in the same quarter last year.


However, the numbers failed to excite the market and shares continued trading in the red.

On Monday, the stock declined by 1.59 per cent.

Shares of the company closed 0.82 per cent lower at Rs 261.55 on BSE.