Hot Pursuit     12-Oct-23
Delta Corp PAT rises to Rs 69 cr in Q2 FY24
The gaming and casino firm's consolidated net profit grew 1.74% to Rs 69.44 crore in Q2 FY24 as compared to Rs 68.25 crore in Q2 FY23.
Net revenue rose marginally to Rs 270.59 crore during the quarter as against Rs 269.97 crore posted in the same quarter last year.

The company's income from casino gaming division was at Rs 283.07 crore (up 3.44% YoY), online skill gaming division was at Rs 42.54 crore (down 13.9% YoY) and hospitality division stood at Rs 9.95 crore (down 8.21%), during the period under review.

Meanwhile, the company's board approved the appointment of Anil Malani as president and chief financial officer as key managerial personnel effective from 11 October 2023, as recommended by the nomination, remuneration and compensation (NRC) committee.

Further, the board of directors also approved the appointment of Manoj Jain as chief operating officer of the company with effect from 11 October 2023, as recommended by the NRC Committee.

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 rose 0.38% to currently trade at Rs 143.55 on the BSE.

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