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

India’s only lis♛ted casino and online gaming company its quarterly results for the period July-Sꦓeptember 2019 yesterday.

The casino company reported a total revenue (including GST) of Rs. 252.76 crores꧃ against a revenue of Rs. 236.78 crores for the last quarter and Rs. 2𒊎54.13 crores for the September 2018 quarter.

Delta Corp reported a marginal increase in its onli🐷ne gaming revenues from online poker 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 reductio♔n in 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. 59.0❀4 crores as against a PAT of Rs. 48.10 crores for the September 2018 quarter.

The ღincrease in🐠 PAT despite flattish revenues is mainly by the central government from 30% to 22%.