Delta Corp News and Updates

Miscellaneous Commercial Services company Delta Corp announced Q1FY24 results: Delta Corp Limited registered the highest-ever Consolidated Gross Revenue from Operation for Q1FY24 of Rs 338 crore. EBIDTA margin improved over 500 bps on a QoQ basis and over 250 bps on a YoY basis, which stands at Rs 110 crore. PAT margin improved over 225 bps on a QoQ basis and over 200 bps on a YoY basis, which stands at Rs 68 crore. The Casino Gaming Segment achieved an EBIDTA of Rs 101 crore, reflecting a margin improvement of over 1000 bps on a QoQ basis and over 100 bps on a YoY basis. Jaydev Mody, Chairman, Delta Corp, said: The momentum set by the last FY was carried on with the 1st quarter giving us yet another milestone in the form of the highest revenue ever and margin expansions at both EBIDTA and Net Profit levels. 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. Result PDF

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Delta Corp News and Updates

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