Delta Corp Q1 Results: Profit down 34% YoY to Rs.  40.48 crores

Delta Corp Q1 Results: Profit down 34% YoY to Rs. 40.48 crores

Delta Corp on Tuesday reported a 34% decline in its standalone net profit for the first quarter ended June 2024.

Income from operations declined by 16% year-on-year in the reporting period to Rs. 143 crore has been done.

The board of the company has approved the appointment of Tara Subramaniam, Pankaj Razdan as additional directors for a period of five years.

Segment-wise, revenue from gaming operations fell 16% year-on-year to Rs. 130 crore has been done. Meanwhile, hospitality revenue also rose from Rs. 14.91 crore down to Rs. 12 crores.

The board has set a record date of July 20 to ensure entitlement to final dividend payments if approved at the AGM. The company earlier per share Rs. Recommended a final dividend of 1.25.

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