Delta Corp profit sees major jump
During the third quarter of FY17, Delta Corp recorded a 300 per cent increase in its net profit as it reached about € 5.7 million.
India.- Delta Corp revealed great results for its operations during the third quarter of fiscal year 2017 (FY17) after merging with Gaussian Networks Pvt Ltd that operated Adda52 last July. According to the latest reports, the company posted a 300 per cent increase in net profit during said period and reached about € 5.7 million.
Delta Corp saw a major boost by merging with the company as it expanded its reach and performance in the Indian market. Adda52 is one of the top Indian online poker businesses and provided Delta a great position in the market.
Only taking Adda52 into account, gaming operations rose to € 3.57 million and surpassed the 3.07 posted during the previous quarter.
Furthermore, the company’s results impacted directly on its shares as they grew over 6.5 per cent from Monday to Tuesday.