Delta Corp Ltd

Delta Corp announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 21 March 2025.Powered by Capital Market - Live

Profit before tax (PBT) declined 40.8% to Rs 29.42 crore in Q3 FY25 as compared with Rs 49.68 crore in Q3 FY24. Total expenses increased 2.49% YoY to Rs 177.64 crore during the quarter. Cost of material consumed stood at Rs 18.06 crore (up 13.26% YoY), license & registration fees was at Rs 30.34 crore (down 3.35% YoY) during the period under review. On segmental front, revenue from casino gaming division fell 3.36% YoY to Rs 175.44 crore in Q3 FY25 while revenue from online skill gaming division jumped 16.15% YoY to Rs 45.45 crore during the quarter. 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 scrip declined 2.90% to Rs 107.05 on the BSE.Powered by Capital Market - Live

Net profit of Delta Corp rose 3.63% to Rs 35.73 crore in the quarter ended December 2024 as against Rs 34.48 crore during the previous quarter ended December 2023. Sales declined 7.52% to Rs 194.33 crore in the quarter ended December 2024 as against Rs 210.13 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales194.33210.13 -8 OPM %16.5326.55 - PBDT43.3865.70 -34 PBT29.4249.68 -41 NP35.7334.48 4 Powered by Capital Market - Live

Nazara Technologies Ltd, Ramkrishna Forgings Ltd, Tata Consultancy Services Ltd and Anand Rathi Wealth Ltd are among the other gainers in the BSE's 'A' group today, 10 January 2025.Delta Corp Ltd soared 11.12% to Rs 125.95 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.54 lakh shares were traded on the counter so far as against the average daily volumes of 1.28 lakh shares in the past one month. Nazara Technologies Ltd surged 6.76% to Rs 1057.85. The stock was the second biggest gainer in 'A' group. On the BSE, 19079 shares were traded on the counter so far as against the average daily volumes of 13663 shares in the past one month. Ramkrishna Forgings Ltd spiked 6.03% to Rs 958. The stock was the third biggest gainer in 'A' group. On the BSE, 19435 shares were traded on the counter so far as against the average daily volumes of 11085 shares in the past one month. Tata Consultancy Services Ltd spurt 5.93% to Rs 4276. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.14 lakh shares were traded on the counter so far as against the average daily volumes of 69918 shares in the past one month. Anand Rathi Wealth Ltd added 5.27% to Rs 4150.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 6063 shares were traded on the counter so far as against the average daily volumes of 3496 shares in the past one month. Powered by Capital Market - Live

Delta Corp will hold a meeting of the Board of Directors of the Company on 13 January 2025.Powered by Capital Market - Live

The key equity indices traded with substantial cuts in mid-morning trade. The Nifty slipped below the 24,250 mark. IT shares witnessed profit booking after advancing in past two consecutive trading sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex dropped 835.92 points or 1.07% to 79,520.39. The Nifty 50 index fell 260.25 points or 1.06% to 24,223.80. In the broader market, the S&P BSE Mid-Cap index fell 0.34% and the S&P BSE Small-Cap index added 0.02%. The market breadth was positive. On the BSE, 1,950 shares rose and 1,809 shares fell. A total of 175 shares were unchanged. IPO Update: The initial public offer (IPO) of Niva Bupa Health Insurance Company received bids for 1,09,74,200 shares as against 17,28,57,143 shares on offer, according to stock exchange data at 11:20 IST on Thursday (07 November 2024). The issue was subscribed 0.06 times. The issue opened for bidding on Thursday (07 November 2024) and it will close on Monday (11 November 2024). The price band of the IPO is fixed between Rs 70 to Rs 74 per share. An investor can bid for a minimum of 200 equity shares and in multiples thereof. The initial public offer (IPO) of ACME Solar Holdings received bids for 2,77,76,793 shares as against 5,82,03,223 shares on offer, according to stock exchange data at 11:20 IST on Thursday (07 November 2024). The issue was subscribed 0.48 times. The issue opened for bidding on Wednesday (06 November 2024) and it will close on Friday (08 November 2024). The price band of the IPO is fixed between Rs 275 to Rs 289 per share. An investor can bid for a minimum of 51 equity shares and in multiples thereof. The initial public offer (IPO) of Swiggy received bids for 3,15,11,766 shares as against 16,01,09,703 shares on offer, according to stock exchange data at 11:20 IST on Thursday (07 November 2024). The issue was subscribed 0.20 times. The issue opened for bidding on Wednesday (06 November 2024) and it will close on Friday (08 November 2024). The price band of the IPO is fixed between Rs 371 to Rs 390 per share. An investor can bid for a minimum of 38 equity shares and in multiples thereof. The initial public offer (IPO) of Sagility India received bids for 25,61,36,500 shares as against 38,70,64,594 shares on offer, according to stock exchange data at 11:20 IST on Thursday (07 November 2024). The issue was subscribed 0.66 times. The issue opened for bidding on Tuesday (05 November 2024) and it will close on Thursday (07 November 2024). The price band of the IPO is fixed between Rs 28 to Rs 30 per share. An investor can bid for a minimum of 500 equity shares and in multiples thereof. Buzzing Index: The Nifty IT index slipped 1.29% to 41,496.50. The index rallied 4.15% in past two consecutive trading sessions. Mphasis (down 2.55%), Tech Mahindra (down 2.29%), LTIMindtree (down 2.17%), Infosys (down 1.57%), Coforge (down 0.71%), L&T Technology Services (down 0.63%), Persistent Systems (down 0.62%), HCL Technologies (down 0.57%), Wipro (down 0.51%) and Tata Consultancy Services (down 0.25%) declined. Stocks in Spotlight: Delta Corp rose 0.07%. The company's consolidated net profit tumbled 61.14% to Rs 26.98 crore in Q2 FY25 as compared with Rs 69.44 crore in Q2 FY24. Revenue from operations dropped 28.12% YoY to Rs 187.65 crore in Q2 FY25. Chambal Fertilisers and Chemicals rallied 4.79% after the company's net profit surged 34.4% to Rs 500.42 crore despite of 19.3% decline in revenue from operations to Rs 4,346.18 crore in Q2 FY25 over Q2 FY24. Global Markets: The Dow Jones index future was up 95 points, signaling a positive opening for U.S. stocks today. Most Asian stocks advanced on Thursday after former President Donald Trump won the White House, defeating Vice President Kamala Harris in the 2024 presidential election. The focus is now on potential stimulus measures from China and an upcoming Federal Reserve meeting. While most Asian markets saw significant gains on Wednesday, Chinese stocks were more subdued due to concerns over potential strict trade tariffs. Trump has pledged to impose a 60% tariff on all Chinese imports. Attention is now on the meeting of China's National People's Congress, which began earlier this week, for insights into possible fiscal stimulus measures. Regional markets received limited positive influence from a strong session on Wall Street, where U.S. benchmark indexes reached record levels following Trump's victory. The S&P 500 increased by 2.5% to a record high of 5,929.04 points, the NASDAQ Composite rose 2.9% to 18,978.65 points, and the Dow Jones Industrial Average surged 3.6% to 43,729.93 points, marking its best day since 2022. Trump Media & Technology Group, owner of the Truth Social platform, saw its shares rise by 6%. Tesla's stock jumped over 14%, as the company is perceived as a major beneficiary of Trump's win, partly due to Elon Musk's support of Trump's campaign. Financial stocks like Citigroup, Bank of America, and Wells Fargo experienced strong gains as investors speculated that Trump's presidency would lead to decreased regulation in the banking sector. Investors are now awaiting the outcome of a Federal Reserve meeting later on Thursday for more guidance on interest rates. The Fed is expected to cut rates by 25 basis points, though the outlook remains uncertain amid Trump's presidency and persistent inflationary pressures. Powered by Capital Market - Live

Revenue from operations dropped 28.12% YoY to Rs 187.65 crore in Q2 FY25. Profit before tax (PBT) fell 59.33% to Rs 37.59 crore in the quarter ended 30 September 2024 from Rs 92.44 posted in corresponding quarter last year. EBITDA slipped 66.1% to Rs 33.9 crore in Q2 FY25 as against Rs 100.1 crore posted in Q2 FY24. EBITDA margin reduced to 18% in Q1 FY25 from 38.3% recorded in Q2 FY24. Revenue from Gaming operations was at Rs 177.23 crore (down 23.07% YoY), revenue from hospitality business was at Rs 9.72 crore (up 13.02% YoY) However, revenue from online skill gaming operations stood at Rs 41.63 crore (up 15.25% YoY) during the period under review. On half year basis, the company's consolidated net profit tumbled 64.57% to Rs 48.66 crore on 29.22% decline in revenue from operations to Rs 368.30 crore in H1 FY25 over H1 FY24. 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.Powered by Capital Market - Live

Net profit of Delta Corp declined 61.15% to Rs 26.98 crore in the quarter ended September 2024 as against Rs 69.44 crore during the previous quarter ended September 2023. Sales declined 28.13% to Rs 187.65 crore in the quarter ended September 2024 as against Rs 261.09 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales187.65261.09 -28 OPM %18.0138.33 - PBDT51.34109.39 -53 PBT37.5992.44 -59 NP26.9869.44 -61 Powered by Capital Market - Live

Delta Corp will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live

The company's Hospitality and Real Estate Business engaged in providing hospitality services and development and dealing in real estate properties, including associated assets and liabilities. Its turnover was Rs 4.57 crore in FY24. Proposed demerger will be expected to provide better flexibility in accessing capital and attract business specific partners and investors, focused management approach for pursuing revenue growth and expansion opportunities in the respective business verticals and unlock the value and create enhanced value for shareholders and allow a focused strategy in operations. According to the scheme of arrangement, each Delta Corp shareholder will receive 1 share of Delta Penland for every 1 share held in Delta Corp. 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's consolidated net profit tumbled 68.2% to Rs 21.68 crore in Q1 FY25 as compared with Rs 68.18 crore in Q1 FY24. Revenue from operations dropped 30.32% YoY to Rs 180.65 crore in Q1 FY25.Powered by Capital Market - Live