{"id":777025603,"date":"2025-04-23T01:59:52","date_gmt":"2025-04-23T04:59:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777025603"},"modified":"2026-04-21T23:39:47","modified_gmt":"2026-04-22T02:39:47","slug":"gambling-in-india-delta-corp-income-dips-in-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/gambling-in-india-delta-corp-income-dips-in-q4","title":{"rendered":"Delta Corp income dips in Q4"},"content":{"rendered":"\n<p>Income was down 2.14 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>India.-&nbsp;<strong>Delta Corp<\/strong>&nbsp;has shared its financial results for the fourth quarter of the financial year 2024-25. It posted income of Rs 196.72 crores (US$23.1m), down 2.1 per cent year-on-year and up 1.1 per cent <a href=\"https:\/\/focusgn.com\/asia-pacific\/gambling-in-india-delta-corp-posts-profit-of-us4-1m-for-q3\" target=\"_blank\" rel=\"noreferrer noopener\">sequentially<\/a>. Profit was up 127.26 per cent year-on-year and 360 per cent quarter-on-quarter to Rs164.56m (US$1.93m).<\/p>\n\n\n\n<p>Gross income from operations was Rs 183.11 crores, down 2.20 per cent year-on-year and 1.29 per cent sequentially. Revenue from gaming operations was down 3.43 per cent year-on-year to Rs1.66bn (US$19.52m). Income from hospitality operations grew by 22.9 per cent year-on-year to Rs 16.72 crores (US$1.96m).<\/p>\n\n\n\n<p>For the year ended March 31, 2025, Delta Corp has reported income of a Rs 786.71 crores (US$92.3m), down 12.8 per cent year-on-year. Profit was Rs 248.99 crores (US$29.2m).<\/p>\n\n\n\n<p>In February, <strong>Delta Corp<\/strong>&nbsp;announced the sale of&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/delta-corp-sells-deltatech-gaming-to-head-digital-works\" target=\"_blank\" rel=\"noreferrer noopener\">Deltatech Gaming Limited (DGL)<\/a>&nbsp;to&nbsp;<strong>Head Digital Works (HDW)<\/strong>&nbsp;for Rs4.91bn (US$57m). The deal will take place in two phases, starting with<strong>&nbsp;a 51 per cent stake&nbsp;<\/strong>before a subsequent merger. Upon completion, Delta Corp will maintain a 5.7 per cent equity stake in HDW.<\/p>\n\n\n\n<p>Delta Corp described HDW as the pioneers of online rummy and real-money gaming in India with a gaming portfolio that comprises online rummy, poker and cricket content. It said A23 Rummy is one of the largest real-money Rummy platforms in India with over 75 million users.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Income was down 2.14 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 mixed financial results for Q4 FY24-25 and the full fiscal year, with overall income declining but profit showing significant year-on-year growth in the quarter. Concurrently, the company announced the strategic divestment of Deltatech Gaming Limited to Head Digital Works for US$57 million, a transaction structured in two phases, with Delta Corp retaining a minority stake in the acquiring entity.","focusai_entities":"Delta Corp, Deltatech Gaming Limited, Head Digital Works","focusai_location":"India","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Delta Corp's Capital Allocation","query":"How will the capital generated from the Deltatech Gaming divestment be strategically reallocated to enhance Delta Corp's core gaming and hospitality verticals, and what is the projected impact on shareholder value?"},{"label":"Post-Merger Market Dynamics","query":"What are the anticipated market share implications and competitive landscape shifts in the Indian online real-money gaming sector following the full integration of Deltatech Gaming into Head Digital Works?"}],"footnotes":""},"categories":[163,16334],"tags":[29,23890],"class_list":["post-777025603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-asia-news","tag-casino","tag-delta-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025603","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=777025603"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025603\/revisions"}],"predecessor-version":[{"id":777025661,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025603\/revisions\/777025661"}],"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=777025603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}