Revenue from operations fell 8.5% year-on-year to ₹168.55 crore from ₹184.17 crore. Total income declined to ₹178.14 crore from ₹195.84 crore.
Before exceptional items and tax, profit stood at ₹27.74 crore, compared with ₹37.57 crore in the year-ago quarter.
₹307 crore GST provision weighs on results
Delta Corp recognised an exceptional provision of ₹306.73 crore following the Supreme Court’s May 27, 2026, judgment on the applicability of GST to online gaming, betting, gambling and casino transactions.
The provision includes estimated GST payable of about ₹143.89 crore, interest of ₹148.45 crore and a penalty of ₹14.39 crore.
As a result, the company reported a loss before tax of ₹279.79 crore, compared with a profit before tax of ₹37.95 crore a year earlier. The company recorded a tax credit of ₹67.22 crore for the quarter.
Separately, Delta Corp said it believes it has strong grounds to contest allegations related to the GST treatment of mixed supplies and hasn’t recognised a provision for that matter. The ultimate outcome will depend on adjudication by the appropriate authorities.
Casino revenue declines
Revenue from Delta Corp’s casino gaming business fell to ₹151.85 crore from ₹172.71 crore a year earlier. Segment profit from the business declined to ₹19.95 crore from ₹27.30 crore.
Hospitality revenue, however, increased to ₹16.55 crore from ₹12 crore in the year-ago quarter.
The company’s board also fixed August 17, 2026, as the record date for determining shareholders eligible for the final dividend of ₹0.50 a share, subject to shareholder approval.
Delta Corp shares closed 1.66% lower at ₹62.76 on the NSE on August 11.
