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Delta Corp income drops to US$23 million in March quarter on casino gaming decline

Newsdesk by Newsdesk
Wed 23 Apr 2025 at 06:06
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India’s leading casino and online gaming operator Delta Corp has reported gross income from operations of Rs 196.72 crores (US$23.1 million) for the three months to 31 March 2025, down 2.1% year-on-year and up 1.1% sequentially due to a decline in the casino gaming division.

According to details filed on Tuesday, income from casino gaming operations reached Rs 166.39 crores (US$19.5 million) in the March quarter, down from Rs 172.84 crores (US$20.3 million) in the December quarter and from Rs 171.90 crores (US$20.2 million) a year earlier.

Conversely, income from the company’s hospitality sector grew by 22.9% year-on-year to Rs 16.72 crores (US$1.96 million).

While income was down, group profit soared to Rs 164.56 crores (US$19.3 million), up from Rs 72.41 crores (US$8.5 million) a year earlier thanks to the recent sale of a 51% equity share of online gaming arm Deltatech Gaming Ltd.

For the year ended 31 March 2025, Delta Corp reported a 12.8% year-on-year decline in income to Rs 786.71 crores (US$92.3 million) while profit was very slightly higher at Rs 248.99 crores (US$29.2 million).

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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