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Delta Corp Q2 Results: Company Slips Into Loss With Rs 106.4 Crore Net Loss
- •Delta Corp reported a net loss of Rs 106.4 crore for the second quarter of the 2026-27 financial year.
- •The company had posted a net profit of Rs 25 crore in the same quarter of the previous year.
- •Revenue from operations declined year-on-year from Rs 183 crore to Rs 159 crore.
- •EBITDA dropped to Rs 29 crore from Rs 40 crore, with the margin falling to 18% from 21.8%.
Key Questions Answered
In the second quarter of the 2026-27 financial year, Delta Corp reported a net loss of ₹106.4 crore, compared to a profit of ₹25 crore in the same period last year. Revenue also dropped to ₹159 crore from ₹183 crore year-on-year, while EBITDA decreased to ₹29 crore with an EBITDA margin of 18%.
Delta Corp reported a consolidated net loss of ₹212.42 crore for the quarter ended June 30, 2026, which followed a massive exceptional provision of ₹306.73 crore for GST liabilities. Revenue from operations during Q1 declined by 8.5% year-on-year to ₹168.55 crore.
Delta Corp recognized a ₹306.73 crore exceptional GST provision following the Supreme Court's May 27, 2026 judgment upholding the 28% GST applicability and retrospective tax demands on online gaming, betting, gambling, and casino transactions.
