Delta Corp quarterly profit sees 22% y-o-y growth

India’s only li🃏sted casino and online gaming company its quarterly results for the period July-September 2019 yesterday.

The casino c🥂ompany reported a total revenue (includℱing GST) of Rs. 252.76 crores against a revenue of Rs. 236.78 crores for the last quarter and Rs. 254.13 crores for the September 2018 quarter.

Delta Corp reported a marginal increase in its online gaming revenues from online poker and rummy website Adda52 toꦑ Rs. 40.93 crores, which reflects around Rs. 5 crore increase against the online gaming revenues from the last quarteಞr as well as the September 2018 quarter.

Despite a 0.1% in the 🍬year-on-year reduction iღn the net post GST revenue of the company, Delta recorded a 22% uptick in the profit after tax.

The profit after tax recorded by the company was Rs. 59.04 crores as against♎ a PAT of Rs. 48.10 crores for the September 2018 quarter.

The incre🐬ase in PAT despite flattish revenues is mainly by the centr☂al government from 30% to 22%.