Delta Corp announced its audited financial results for FY26 at a Board meeting held on April 22, 2026, reporting a consolidated net profit of ₹85.29 crore, marking a significant 65.75% decline from ₹248.99 crore in the previous year. The Board approved both standalone and consolidated financial results and recommended a final dividend of 50% or ₹0.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.

Financial Performance Overview

The company's financial performance showed mixed results across standalone and consolidated metrics. On a standalone basis, net profit for FY26 stood at ₹118.21 crore compared to ₹185.31 crore in FY25. Total standalone income decreased to ₹554.55 crore from ₹619.83 crore in the previous year.

The gaming operations segment remained the primary revenue driver, contributing ₹642.59 crore in consolidated revenue for FY26, down from ₹678.60 crore in the previous year.

Regulatory and Tax Challenges

The company faces significant regulatory headwinds. The auditors highlighted contingent liabilities for GST demands aggregating ₹24,959.69 crore for the period from July 1, 2017, to March 31, 2023. These demands were raised through show cause notices received by the company and its subsidiaries from GST Intelligence authorities.

Additionally, the enactment of the Promotion and Regulation of Online Gaming Act, 2025, which prohibits online games involving real-money stakes, resulted in a cumulative reduction of ₹459.52 crore in the fair value of investments in online gaming companies through Other Comprehensive Income during FY26.

Board Decisions and Corporate Updates

Based on the Audit Committee's recommendation, the Board recommended the appointment of M/s. M S K C & Associates LLP (Firm Registration No. 001595S/S000168) as statutory auditors for five consecutive years from the conclusion of the 35th Annual General Meeting till the 40th Annual General Meeting in 2031. This follows the completion of tenure of existing auditors M/s. Walker Chandiok & Co LLP.

The Board also recognized an incremental cost of ₹5.51 crore as an exceptional item during FY26, related to new labour codes effective from November 21, 2025. The auditors issued an unmodified opinion on both standalone and consolidated financial results despite the challenging operating environment.

Marvel Resorts Private Limited, a wholly owned subsidiary of delta corp , has announced its decision to acquire 74% equity shares in Easymile Parking Solutions & Management Private Limited and Shanta Infratech Private Limited. The acquisitions, made through cash consideration of ₹2,84,600 each, were disclosed to the stock exchanges on 21 April 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Acquisition Details

Both acquisitions are classified as strategic investments and are not related party transactions. Marvel Resorts will acquire 28,460 equity shares representing 74% stake in each target company. The transactions are expected to be completed by 5 May 2026. No governmental or regulatory approvals are required for these acquisitions.

Target Company Profiles

Easymile Parking Solutions & Management Private Limited

The company's turnover over the past three financial years shows the following trend: 2023-24 at ₹62,07,435, 2024-25 at ₹56,28,426, and 2025-26 at ₹71,74,799.

Shanta Infratech Private Limited

Shanta Infratech's turnover history stands at ₹1,56,51,104 for 2023-24, ₹1,44,97,435 for 2024-25, and ₹1,38,62,801 for 2025-26. The company is engaged in developing and constructing residential and commercial complexes for sale, self-use, or rental income.

Post-acquisition, both Easymile Parking Solutions and Shanta Infratech will become subsidiaries of Marvel Resorts Private Limited. The promoter, promoter group, and group companies of Delta Corp do not have any interest in either target entity.