Hot Pursuit     10-Jan-24
Delta Corp slides as Q3 PAT drops 59% YoY to Rs 34 cr
Delta Corp slipped 2.55% to Rs 146.85 after the company’s consolidated net profit tumbled 59.34% to Rs 34.48 crore in Q3 FY24 as against Rs 84.82 crore reported in Q3 FY23.

Net revenue declined 15.23% year on year to Rs 231.74 crore in the quarter ended 31 December 2023.

The company's income from casino gaming division was at Rs 181.54 crore (down 18.21% YoY) and online skill gaming division was at Rs 39.13 crore (down 9.13% YoY) in Q3 FY24. However, revenue from hospitality division stood at Rs 13.74 crore (up 8.45%) during the period under review.

Profit before tax stood at Rs 49.68 crore during the quarter, down 48.44% from Rs 96.35 crore recorded in Q3 FY23.

Delta Corp is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The company is engaged in diversified segments like casino gaming, online gaming, hospitality and real estate.

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