{"id":777007647,"date":"2023-07-26T06:53:47","date_gmt":"2023-07-26T09:53:47","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007647"},"modified":"2026-04-22T19:39:03","modified_gmt":"2026-04-22T22:39:03","slug":"delta-corp-posts-net-profit-of-us8-3m-for-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/delta-corp-posts-net-profit-of-us8-3m-for-q2","title":{"rendered":"Delta Corp posts net profit of US$8.3m for Q2"},"content":{"rendered":"\n<p>Delta Corp&#8217;s net profit was up 19 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>India.- <strong>Delta Corp\u00a0<\/strong>has shared its financial results for the second quarter of the year. It&#8217;s posted a net profit of Rs679.1m (US$8.3m), up 19 per cent year-on-year and up 33.33 per cent\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/delta-corp-posts-net-profit-of-us6-24m-for-q1\" target=\"_blank\">when compared to the previous quarter<\/a>. Revenue rose by 9 per cent in year-on-year terms to Rs2.72bn (US$33.29m).<\/p>\n\n\n\n<p>Revenue from casino operations was up 10.7 per cent year-on-year to Rs 2.77bn (US$33.8m). Meanwhile, revenue from the group&#8217;s online skill gaming operations dropped 1.6 per cent to R430.12m (US$5.25m). Revenue from hospitality was Rs171.8m (US$2.1m).<\/p>\n\n\n\n<p>The casino gaming segment posted <strong>EBITDA of Rs1.1bn (US$13.42m)<\/strong>, up 10 per cent in year-on-year terms and up 100 per cent when compared to the previous quarter. <\/p>\n\n\n\n<p><strong>Jaydev Mody<\/strong>, Delta Corp&#8217;s chairman, said: \u201cThe momentum set by the last FY was carried on with the first quarter giving us yet another milestone in the form of the highest revenue ever and margin expansions at both EBITDA and Net Profit levels.&nbsp;<\/p>\n\n\n\n<p>&#8220;Regulatory clarity over issues concerning the industry is expected in due course of time, however, the company and the management are seized of the issues and concerns around the business and are confident of overcoming the same by implementing the right strategies&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delta Corp&#8217;s net profit was up 19 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":17272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Delta Corp reported a 19% year-on-year increase in net profit to Rs679.1m and a 9% rise in total revenue to Rs2.72bn for Q2. While casino operations revenue and EBITDA showed robust growth, the online skill gaming segment experienced a slight revenue decline. The chairman acknowledged ongoing regulatory uncertainties within the Indian market, expressing confidence in strategic mitigation.","focusai_entities":"Delta Corp, Jaydev Mody","focusai_location":"India","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Impact Analysis","query":"What specific regulatory issues is Delta Corp referencing, and how might potential policy changes impact the growth trajectory of its online skill gaming vertical, particularly given its recent revenue decline?"},{"label":"Segment Performance Deep Dive","query":"Given the divergent performance between casino operations (strong growth) and online skill gaming (revenue drop), what are the underlying market dynamics and strategic priorities driving these segment-specific outcomes for Delta Corp?"}],"footnotes":""},"categories":[163,16334],"tags":[23890],"class_list":["post-777007647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-asia-news","tag-delta-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007647"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007647\/revisions"}],"predecessor-version":[{"id":777007670,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007647\/revisions\/777007670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17272"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}