Q3 Results Impact: Delta Corp shares slide 5%, near 52-week low on weak Q3FY25 earnings
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23 hours, 56 minutes ago

Q3 Results Impact: Delta Corp shares slide 5%, near 52-week low on weak Q3FY25 earnings

Live Mint  

Shares of Delta Corp dropped by approximately 5 percent on Tuesday, January 14, following the company's subdued earnings for Q3FY25. Delta Corp reported a 3.5 percent year-over-year increase in net profit, amounting to ₹35.7 crore for the quarter ending December 31, 2024, compared to ₹34.5 crore in the same period last fiscal. Delta Corp, India’s largest listed casino and gaming company, operates across diverse sectors such as casinos, online gaming, hospitality, and real estate. Other Recent Developments Delta Corp and other online gaming companies recently faced significant GST demand notices amounting to thousands of crores between mid-2023 and early 2024.

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Delta Corp Q3 Results 2025 on 15 Jan, 2025: profit rise by 3.63% YOY, profit at ₹35.73 crore and revenue at ₹194.33 crore
56 minutes ago

Delta Corp Q3 Results 2025 on 15 Jan, 2025: profit rise by 3.63% YOY, profit at ₹35.73 crore and revenue at ₹194.33 crore

Live Mint  

Delta Corp Q3 Results 2025:Delta Corp declared their Q3 results on 13 Jan, 2025, revealing a mixed performance for the quarter. In comparison to the previous quarter, Delta Corp's revenue showed a modest growth of 3.56%, while profit saw a significant jump of 32.43%. Currently, the Delta Corp holds a market capitalization of ₹2914.42 crore, with a 52-week high of …

Delta Corp shares surge 7% after SC stays show cause notice up to ₹1.1 lakh crore until March 17
5 days ago

Delta Corp shares surge 7% after SC stays show cause notice up to ₹1.1 lakh crore until March 17

Live Mint  

Shares of Delta Corp climbed by as much as 7 per cent on January 10 after the Supreme Court put a hold on GST show cause notices amounting to ₹1.12 lakh crore issued to online gaming companies. Online gaming companies received 71 show-cause notices for allegedly evading Goods and Services Tax amounting to ₹1.12 lakh crore during 2022-23 and the …

Q3 Earnings Impact: GTPL Hathway shares crash 10% on weak Q3 results, profit drops 57%
5 days, 1 hour ago

Q3 Earnings Impact: GTPL Hathway shares crash 10% on weak Q3 results, profit drops 57%

Live Mint  

Shares of GTPL Hathway plunged nearly 10 percent in intra-day trading on Friday, January 10, following the announcement of weaker-than-expected financial results for the quarter ended December 2024. Weak Financial Performance GTPL Hathway reported a consolidated net profit of ₹10.17 crore for Q3FY25, marking a significant decline of 57.03 percent compared to ₹23.67 crore in Q3FY24. Growth in Subscribers Despite …

Indian Hotels Q3 update: Tata Group company reports opening of 40 new hotels, 85 new signings
5 days, 20 hours ago

Indian Hotels Q3 update: Tata Group company reports opening of 40 new hotels, 85 new signings

Live Mint  

Tata Group's hospitality venture Indian Hotels, on Thursday, reported opening of 40 new hotels and 85 new signings in 2024 taking its portfolio to 360 hotels with an industry leading pipeline of 123 hotels. Indian Hotels share price closed 1.46 per cent lower on January 9, ending the trading session at ₹822.75. IHCL launched the reimagined Gateway, a full-service hotel …

CSB Bank shares soar over 6.5% to 4-month high after gross advance, total deposits rise in Q3
1 week, 6 days ago

CSB Bank shares soar over 6.5% to 4-month high after gross advance, total deposits rise in Q3

Live Mint  

Shares of CSB Bank surged 6.65% to ₹334.90 apiece during the early trading session on Thursday, January 2, following the release of the bank's Q3FY25 business update. The bank also reported that its gold loan business expanded by 36.28% in Q3FY24 to ₹13,018 crore, compared to ₹9,553 crore in the same quarter last year. Following the positive Q3FY25 business update, …

Ksb Q3 Results 2024 on 14 Nov, 2024: profit rise by 23.15% YOY, profit at ₹61.7 crore and revenue at ₹616.5 crore
2 months ago

Ksb Q3 Results 2024 on 14 Nov, 2024: profit rise by 23.15% YOY, profit at ₹61.7 crore and revenue at ₹616.5 crore

Live Mint  

Ksb Q3 Results 2024:Ksb declared its Q3 results for 2024 on 13 Nov, 2024, reporting a topline increase of 9.37% year-over-year. As of 14 Nov, 2024, Ksb has received a Strong Buy rating from all analysts covering the company, reflecting a consensus recommendation for investors to consider purchasing shares. Overall, while Ksb's Q3 results indicate positive growth on a yearly …

Zee Entertainment posts a mixed Q2 performance; what’s in it for investors?
1 year, 2 months ago

Zee Entertainment posts a mixed Q2 performance; what’s in it for investors?

Live Mint  

Zee Entertainment share price dropped 2% on Friday's trading session following the company's Q2 results. Let's take a look at what the domestic brokerages say following Zee Ent's Q2 results: Nuvama Institutional Equities Zee Entertainment reported Q2FY24 revenue, EBITDA, and adjusted PAT that were higher than anticipated, according to the brokerage. Kotak Institutional Equities Zee's EBITDA increased by 12% year …

Online gaming companies get ₹1 lakh crore GST show cause notices so far
1 year, 2 months ago

Online gaming companies get ₹1 lakh crore GST show cause notices so far

The Hindu  

GST authorities have issued show cause notices worth ₹1 lakh crore to online gaming companies for tax evasion so far, a senior official said on October 25. The government has amended the GST law, making it mandatory for overseas online gaming companies to register in India from October 1. "Online gaming companies served notices worth about ₹1 lakh crore by …

Delta Corp soars over 8% as Bombay HC restrains GST tax notice for firm
1 year, 2 months ago

Delta Corp soars over 8% as Bombay HC restrains GST tax notice for firm

Live Mint  

Shares of Delta Corp surged over 8 percent on Wednesday after the Bombay High Court restrained tax authorities from passing any final order on the ₹16,195-crore GST notice issued to the Casino operator. On September 25, Delta Corp received a notice for a tax shortfall of ₹11,140 crore, whereas, its subsidiaries were issued notices for an amount totalling ₹5,682 crore. …

Delta Corp shares hit 52-week low as company’s subsidiary receives GST notice
1 year, 2 months ago

Delta Corp shares hit 52-week low as company’s subsidiary receives GST notice

Live Mint  

Stock market today: Delta Corp shares fell 10 percent on Monday after the company's subsidiary, Deltatech Gaming Limited, received a Goods and Services Tax notice for payment of ₹6,384 crore owing to tax shortfall. And the fresh notice received by Deltatech Gaming Limited has only made matters worse for the stock. In an exchange filing, the company said, "In addition …

Delta Corp gets another GST shortfall notice of ₹6,384 crore
1 year, 3 months ago

Delta Corp gets another GST shortfall notice of ₹6,384 crore

Live Mint  

Delta Corp has received fresh notices of alleged shortfall in the payment of Goods and Services Tax to the tune of ₹6,384 crore, as per a regulatory filing made by the casino chain operator on October 14. This comes nearly three weeks after Delta Corp had received tax shortfall notices amounting to ₹16,822 crore. “The notice advises Deltatech Gaming Ltd …

Delta Corp shares rally over 4% after Q2 results
1 year, 3 months ago

Delta Corp shares rally over 4% after Q2 results

Live Mint  

Delta Corp share price rallied over 4% Thursday after the company reported its results for the second quarter ending September 2023. Delta Corp, the casino operator, on Wednesday reported a 1.68% rise in its Q2FY24 net profit to ₹69.4 crore from ₹68.25 crore in a year ago period. The gaming company received show cause notices from the GST department for …

Delta Corp, Nazara Tech shares crack up to 14% on GST shock
1 year, 6 months ago

Delta Corp, Nazara Tech shares crack up to 14% on GST shock

Live Mint  

28% GST on online gaming, casinos: Shares of online gaming stocks such as Nazara Technologies and Delta Corp suffered massive losses in early trade on Wednesday after the GST Council shocked the industry by levying a 28 per cent uniform GST on online gaming, casinos and horse racing. Shares of Delta Corp opened at their 10 per cent lower circuit …

Delhivery shares tank on block deal buzz after rallying for 7 straight days
1 year, 10 months ago

Delhivery shares tank on block deal buzz after rallying for 7 straight days

Live Mint  

Shares of Delhivery tanked more than 3% to ₹334 apiece on the BSE in Wednesday's opening trading session on buzz of large block deals. About 1.22 crore shares of Delhivery, i.e., 1.7% of equity, worth ₹410 crore changed hands at an average price of ₹338 per share on Wednesday, as per a report by CNBC-TV18. We believe current price factors …

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?
1 year, 11 months ago

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?

Live Mint  

Logistics firm Delhivery net loss widened to ₹195.7 crore for the third quarter ended December 2022 as compared to a loss of ₹127 crore in the yea-ago quarter. We believe B2B, operating leverage and low e-commerce penetration driven growth are being underestimated,” said global brokerage Jefferies which has maintained its Buy tag on Delhivery shares with a target price of …

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