Delta Corp Ltd

The Supreme Court on Wednesday ruled that online gaming platforms cannot be treated merely as intermediaries and observed that such activities amount to actionable claims under GST law. The ruling comes as a setback for online gaming companies that had challenged the retrospective tax demand, arguing that treating online gaming as 'gambling' under GST law contradicted judicial precedents established by the Supreme Court and various High Courts over the years. The Hon'ble Supreme Court has pronounced its order in the matters relating to the show cause notices issued to the company and its subsidiaries for short payment of goods and services tax. In an exchange filing, the company said that a copy of the Supreme Court's order was not yet available. However, based on the limited information currently available, the company believes that the basis of GST computation adopted by it since October 2023 would now apply retrospectively for the period between July 2017 and September 2023 as well. The company stated that this interpretation would be a favourable for its business, as the levy of GST would accordingly not be on the amount of gross bet value of all games played during the relevant period (which had the effect of notionally multiplying the revenue and consequently the GST payable on it), but would be on the amount received from players for the chips sold to them. Recently, the company reported a sharp decline in earnings for Q4 FY26. Its consolidated net profit tumbled 90% to Rs 16.45 crore on a 11.72% decline in revenue from operations to Rs 161.25 crore in Q4 FY26 over Q4 FY25. Delta Corp is 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.Powered by Capital Market - Live

Wockhardt Ltd, Tejas Networks Ltd, Cigniti Technologies Ltd and Cartrade Tech Ltd are among the other gainers in the BSE's 'A' group today, 06 May 2026.Delta Corp Ltd spiked 14.03% to Rs 80.29 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.11 lakh shares were traded on the counter so far as against the average daily volumes of 3.99 lakh shares in the past one month. Wockhardt Ltd soared 13.05% to Rs 1737.8. The stock was the second biggest gainer in 'A' group. On the BSE, 12.62 lakh shares were traded on the counter so far as against the average daily volumes of 89991 shares in the past one month. Tejas Networks Ltd surged 11.42% to Rs 474.15. The stock was the third biggest gainer in 'A' group. On the BSE, 12.06 lakh shares were traded on the counter so far as against the average daily volumes of 1.85 lakh shares in the past one month. Cigniti Technologies Ltd added 10.56% to Rs 1277.3. The stock was the fourth biggest gainer in 'A' group. On the BSE, 86151 shares were traded on the counter so far as against the average daily volumes of 7720 shares in the past one month. Cartrade Tech Ltd jumped 10.19% to Rs 1812. The stock was the fifth biggest gainer in 'A' group. On the BSE, 29254 shares were traded on the counter so far as against the average daily volumes of 22093 shares in the past one month. Powered by Capital Market - Live

The company reported profit before exceptional items and tax of Rs 25.79 crore in Q4 FY26, compared to Rs 42.66 crore recorded in the same period a year ago. The firm reported exceptional items of Rs 5.51 crore during the quarter. Total expenses increased 3.16% to Rs 149.19 crore in Q4 FY26, compared with Rs 154.06 crore in Q4 FY25. Cost of material consumed stood at Rs 13.23 crore (down 13.81% YoY), employee benefit expenses was at Rs 45.07 crore (up 17.43% YoY), license fees & registration charges stood at Rs 27.71 crore (down 8.82% YoY) during the period under review On the segmental front, revenue from the casino gaming division declined 10.76% YoY to Rs 148.48 crore in Q4 FY26, while revenue from the hospitality division fell 20.75% YoY to Rs 13.25 crore during the quarter. On a full-year basis, the company's consolidated net profit tanked 73.13% to Rs 85.29 crore on a 5.64% drop in revenue from operations to Rs 688.46 crore in FY26 over FY25. Meanwhile, the company's board recommended a final dividend of Rs 0.50 per equity share (50%). The dividend will be paid within 30 days from the date of shareholder approval at the ensuing AGM. 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.

Net profit of Delta Corp declined 90.00% to Rs 16.45 crore in the quarter ended March 2026 as against Rs 164.56 crore during the previous quarter ended March 2025. Sales declined 11.72% to Rs 161.25 crore in the quarter ended March 2026 as against Rs 182.65 crore during the previous quarter ended March 2025. For the full year,net profit declined 65.75% to Rs 85.29 crore in the year ended March 2026 as against Rs 248.99 crore during the previous year ended March 2025. Sales declined 5.64% to Rs 688.46 crore in the year ended March 2026 as against Rs 729.63 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales161.25182.65 -12 688.46729.63 -6 OPM %17.1922.21 -18.9725.56 - PBDT40.0353.47 -25 166.41238.04 -30 PBT27.2240.69 -33 119.53188.26 -37 NP16.45164.56 -90 85.29248.99 -66 Powered by Capital Market - Live

Delta Corp will hold a meeting of the Board of Directors of the Company on 22 April 2026.

Authum Investment & Infrastructure Ltd, Websol Energy System Ltd, Man Infraconstruction Ltd and AWFIS Space Solutions Ltd are among the other losers in the BSE's 'A' group today, 30 March 2026.Delta Corp Ltd lost 10.59% to Rs 49.5 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 3.23 lakh shares were traded on the counter so far as against the average daily volumes of 1.9 lakh shares in the past one month.Authum Investment & Infrastructure Ltd tumbled 9.85% to Rs 438.85. The stock was the second biggest loser in 'A' group.On the BSE, 1.31 lakh shares were traded on the counter so far as against the average daily volumes of 68900 shares in the past one month.Websol Energy System Ltd crashed 8.78% to Rs 64.82. The stock was the third biggest loser in 'A' group.On the BSE, 7.4 lakh shares were traded on the counter so far as against the average daily volumes of 8.39 lakh shares in the past one month.Man Infraconstruction Ltd dropped 8.55% to Rs 79.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.06 lakh shares were traded on the counter so far as against the average daily volumes of 1.03 lakh shares in the past one month.AWFIS Space Solutions Ltd plummeted 8.48% to Rs 233.2. The stock was the fifth biggest loser in 'A' group.On the BSE, 59793 shares were traded on the counter so far as against the average daily volumes of 29220 shares in the past one month.Powered by Capital Market - Live

According to an exchange filing, Delta Corp has received a notice amounting to Rs 1,350.25 crore, while its subsidiary has received a notice of Rs 402.12 crore from the Office of the Commissioner of Commercial Taxes, Government of Goa, dated 17 March 2026. The alleged GST shortfall is based, inter alia, on the estimated gross bet value of all games played at the casinos during the relevant period. The levy of GST on gross bet value, instead of gross gaming revenue, has been a long-standing industry issue, with multiple representations made to the government. The company and its subsidiary have challenged earlier similar demands relating to the period from July 2017 to March 2022. The Hon'ble Supreme Court of India has stayed further proceedings of all the impugned notices for the period from July 2017 to March 2022 until the final disposal of the petitions before it. Delta Corp stated that, based on legal advice, the current notices and tax demands are arbitrary and contrary to law. The company added that it will pursue all available legal remedies to challenge the demands and related proceedings. 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. The company reported a consolidated net profit of Rs 14.28 crore in Q3 FY26, down 60% as against Rs 35.73 crore in Q3 FY25. Total income declined 14.2% year-on-year to Rs 160.28 crore for the quarter ended 31 December 2025. Powered by Capital Market - Live

Delta Corp announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 9 April 2026.Powered by Capital Market - Live

Net profit of Delta Corp declined 60.03% to Rs 14.28 crore in the quarter ended December 2025 as against Rs 35.73 crore during the previous quarter ended December 2024. Sales declined 14.23% to Rs 160.28 crore in the quarter ended December 2025 as against Rs 186.88 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales160.28186.88 -14 OPM %13.9726.03 - PBDT28.8159.35 -51 PBT18.7046.81 -60 NP14.2835.73 -60 Powered by Capital Market - Live

Delta Corp will hold a meeting of the Board of Directors of the Company on 15 January 2026.Powered by Capital Market - Live