Delta Corp
68.38
+0.15(+0.22%)
Market Cap₹1,831.02 Cr
PE Ratio7.81
Company Performance:
1D+0.22%
1M+1.83%
6M-18.70%
1Y-27.14%
5Y-56.93%
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More news about Delta Corp
15Oct 25
Delta Corp Reports ₹24.1 Crores Quarterly Profit Amid Significant Online Gaming Investment Losses
Delta Corp's Q2 FY2024 results show a net profit of ₹24.1 crores, down from ₹43.87 crores year-over-year. Gaming operations revenue fell 9.79% to ₹122.74 crores, while hospitality revenue decreased 14.51% to ₹8.31 crores. The company recorded a ₹378.34 crore reduction in online gaming investments due to new regulations. Delta Corp faces GST notices totaling ₹28,207.30 crores for alleged short payments from July 2017 to November 2022, which the company is contesting. Basic earnings per share for the quarter were ₹0.84.
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04Sept 25
Delta Corp and Nazara Technologies Shares Tumble as GST Council Imposes 40% Tax on Gaming
Shares of Delta Corp and Nazara Technologies fell sharply following the GST Council's decision to impose a 40% tax on casinos, betting, and online money games. Delta Corp's stock dropped 7.2% to Rs 88.35, while Nazara Technologies saw a 1.6% decline. The new tax structure, effective from September 22, includes a 40% rate for luxury and demerit goods, including gaming activities. This decision has led Delta Corp to shelve its Rs 2,000-2,500 crore integrated resort project in Goa. Despite the regulatory challenges, Delta Corp reported a 36.1% increase in net profit to Rs 29.40 crore in Q2 2023, though EBITDA decreased by 16.2% to Rs 39.60 crore.
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26Aug 25
Delta Corp Shares Plunge 9% Amid Real Money Gaming Ban
Delta Corp's stock has fallen 9% in three trading sessions following the announcement of a ban on real money gaming (RMG). The company's shares are trading below key technical indicators, with a 34% depreciation over the past year. The decline is attributed to the introduction of the Promotion and Regulation of Online Gaming Bill, 2025, which aims to ban online money gaming. This legislation significantly impacts Delta Corp, as 94% of its revenue comes from gaming operations. Analysts suggest the stock may consolidate between Rs 82.80 and Rs 96.20, with strong support at Rs 81.00.
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04Aug 25
Delta Corp Reports Q1 Results: Revenue Dips, Profit Falls Amid Ongoing GST Litigation
Delta Corp's Q1 FY2024 results show mixed performance. Consolidated revenue increased to ₹184.17 crore, but profit after tax decreased to ₹29.46 crore. Gaming operations grew by 3.81%, while hospitality declined by 2.76%. The company faces ongoing GST litigation with notices totaling ₹23,207.30 crore. Legal expenses have increased due to Supreme Court hearings. The Board approved amendments to ESARP-2019, set a dividend record date, and scheduled the AGM. Delta's subsidiary plans to acquire and renovate a 107-room hotel in Alibagh, Maharashtra.
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23Apr 25
Delta Corp Reports Robust Q4 FY25 Results, Declares 125% Dividend
Delta Corp Limited announced its Q4 FY25 results, reporting a net profit of ₹164.56 crore, up from ₹72.41 crore year-over-year. Revenue slightly decreased to ₹182.65 crore. The company declared a final dividend of 125% (₹1.25 per share). For FY25, consolidated revenue was ₹729.63 crore with a net profit of ₹248.99 crore. Casino gaming remained the primary revenue driver. The company completed the sale of 51% equity in Deltatech Gaming Limited, resulting in a ₹130.49 crore gain.
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22Apr 25
Delta Corp Reports Q4 Results, Announces Final Dividend
Delta Corp, India's leading casino and hospitality company, reported its Q4 and FY2025 results. The company recommended a final dividend of ₹1.25 per share. For FY2025, consolidated revenue was ₹729.63 crore, with a net profit of ₹248.99 crore. The casino gaming division remained the primary revenue driver. Delta Corp divested a 51% stake in Deltatech Gaming Limited, resulting in an exceptional gain. The company faces regulatory challenges with GST-related show cause notices totaling ₹23,207.30 crore, but management is confident of a favorable outcome.
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22Apr 25
Delta Corp Faces Potential Regulatory Shift as Government Mulls FIU Registration for Online Gaming Platforms
The Indian government is reportedly considering a proposal to require online gaming platforms to register with the Financial Intelligence Unit (FIU). This potential regulation could significantly impact the online gaming industry, including major players like Delta Corp. The move may lead to enhanced financial oversight, increased transparency in transactions, and potential operational changes for companies in the sector.
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16Apr 25
Delta Corp Converts Peninsula Land's Debentures into Equity Shares
Delta Corp Limited has converted 77,27,000 unsecured compulsorily convertible debentures of Peninsula Land Limited into an equal number of equity shares on April 16, 2025. The conversion, based on a 1:1 ratio, follows the initial allotment of these 0% debentures on December 27, 2023. This transaction complies with SEBI regulations and may impact Delta Corp's stake in Peninsula Land Limited.
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20Feb 25
Delta Corp to Merge Deltatech Gaming with Head Digital Works in ₹491 Crore Deal
Delta Corp's subsidiary, Deltatech Gaming Limited (DGL), is set to merge with Head Digital Works Private Limited (HDW) in a ₹491 crore deal. The merger will occur in two phases: HDW will first acquire 51% of DGL, followed by a complete merger. Post-merger, Delta Corp will hold a 5.7% stake in HDW. This consolidation combines DGL's Adda52 poker platform with HDW's 'A23' brand, creating a strong entity in India's online gaming market, particularly in poker and rummy segments. The deal values DGL at ₹4,912.59 crore and is expected to complete by June 30, 2026, subject to approvals.
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Delta Corp
68.38
+0.15
(+0.22%)
1 Year Returns:-27.14%
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