Delta Corp Surges 9% As Losses Narrow In September Quarter
Delta Corp shares surged around 8 per cent to touch 52-week high of Rs 305 on the BSE after its losses narrowed in the September quarter. The gaming and hospitality company reported net loss of Rs 22.57 crore in the quarter ended September 2021 from Rs 54.91 crore in the year-ago period. Delta Corp had posted a net loss of Rs 28.93 crore in the June quarter. At 10:50 am, Delta Corp shares were trading off their intra-day and life-time highs at Rs 298, up 9 per cent, on the BSE.
Delta Corp's revenues revenues in the September quarter increased 94 per cent to Rs 74.72 crore compared to Rs 38.37 crore in the same quarter last year.
The BSE Sensex and NSE Nifty were trading lower by 0.3 per cent at the time.
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