Delta Corp plunges over 5% after net profit tanks 59% in Q3
Delta Corp Q3 result 2024: The company, which is also a casino operator, said the GST demand worth over Rs 23,200 crore is arbitrary and contrary to the provisions of the law, and hence it has not made any provisions for the same.
Delta Corp share price NSE, Delta Corp Q3 result 2024: Delta Corp, NSE: DELTACORP shares, on Wednesday, January 10, continued its losing streak for the fourth consecutive session after the online gaming firm reported a 59 per cent year-on-year decline in its consolidated net profit for Q3 at Rs 34.48 crore on January 9, post-market hours. The company's income from operations stood at Rs 181.54 crore, 18 per cent lower than the year-ago period.
The stock declined over five per cent to hit the day's low of Rs 143.1 on NSE in morning deals. The counter ended 2.95 per cent lower at Rs 155.1 on NSE.
Delta Corp share price history
Delta Corp's stock has given a negative return of over 25 per cent in the last 12 months. In comparison, the headline index Nifty 50 has rallied nearly 21 per cent. Delta Corp has a market capatalisation of Rs 4,15,312.97 lakh, according to data available on NSE.
(with PTI inputs)
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