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

India’s onl♐y listed casino and online gaming company its quarterly results for the period July-September 20♛19 yesterday.

The casino company reported a total revenue (including GST) of Rs. 252.76 crores against a revenue of Rs. 236.78 crores f𝓰or 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 poke🎉r and rummy website Adda52 to Rs. 40.93 crores, which reflects around Rs. 5 crore increase against the online gaming revenues from the last quarter as well as the September 2018 quarter.

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

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

The increase i🐟n PAT despite flattish revenues is mainly by the central governme🌞nt from 30% to 22%.