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Gaming company Delta Corp's third quarter earnings disappointed analysts as consolidated net profit plunged 68.8 percent sequentially to Rs 10 crore on lower casino business. Total income from its operations declined 22.9 percent quarter-on-quarter to Rs 103.6 crore as casino gaming division, which contributed 87 percent to total business, reported a 27 percent de-growth at Rs 90.35 crore compared with previous quarter. The stock is down 2 percent on the BSE.
Gaming company Delta Corp's third quarter earnings disappointed analysts as consolidated net profit plunged 68.8 percent sequentially to Rs 10 crore on lower casino business. Total income from its operations declined 22.9 percent quarter-on-quarter to Rs 103.6 crore as casino gaming division, which contributed 87 percent to total business, reported a 27 percent de-growth at Rs 90.35 crore compared with previous quarter. The stock is down 2 percent on the BSE.
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