Delta Corp
79.18
-0.67(-0.84%)
Market Cap₹2,138.20 Cr
PE Ratio8.33
Company Performance:
1D-0.84%
1M-5.16%
6M-5.60%
1Y-35.18%
5Y-26.45%
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More news about Delta Corp
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.
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.
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.
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.
Delta Corp
79.18
-0.67
(-0.84%)
1 Year Returns:-35.18%
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