Delta Corp Limited Approves FY26 Results and Recommends 50% Dividend

Delta Corp Limited Approves FY26 Results and Recommends 50% Dividend

Delta Corp Limited Approves FY26 Results and Recommends 50% Dividend​

Delta Corp Limited announced significant operational and financial updates following the meeting of its Board of Directors on April 22, 2026. The Board approved the audited financial results for the Standalone and Consolidated entities for the quarter and year ended March 31, 2026. Furthermore, the Board recommended a final dividend of 50% at Rs. 0.50 per Equity Share.

Financial Results and Dividend Recommendation​

The Board of Directors of Delta Corp Limited adopted and approved the Audited Financial Results (Standalone and Consolidated) for the financial year ended March 31, 2026.

The company recommended the payment of a final dividend of 50% (Rs. 0.50 per Equity Share). This dividend will be paid to shareholders within 30 days of the same receiving approval at the ensuing Annual General Meeting.

Key financial highlights for the year ended March 31, 2026, are summarized below:

MetricStandalone FigureConsolidated Figure
Total Income (Year Ended 31-Mar-26)554.55 Crores729.18 Crores
Profit Before Tax (Year Ended 31-Mar-26)149.39 Crores112.97 Crores
Profit for the Period/Year (Year Ended 31-Mar-26)118.21 Crores85.29 Crores
Total Comprehensive Income/(Loss) (Year Ended 31-Mar-26)(300.54) Crores(379.40) Crores

Governance and Audit Appointments​

At the board meeting, the company also recommended the appointment of M/s. M S K C & Associates LLP as the Statutory Auditors. This appointment is proposed for a period of five consecutive years, commencing from the conclusion of the 35th Annual General Meeting through the conclusion of the 40th Annual General Meeting in 2031, succeeding M/s. Walker Chandiok & Co LLP.

The Board also considered and adopted the audited financial results, alongside the corresponding Auditors’ Reports for both standalone and consolidated entities.

Emphasis Matters and Industry Impact​

The auditors highlighted two major points of emphasis in their reports, reflecting significant industry shifts and contingent liabilities:

Contingent GST Liabilities:
Both the standalone and consolidated reports noted contingent liabilities related to alleged short payment of Goods and Service Tax (GST). The amounts aggregated for the notices include ₹ 24,959.69 Crores from various show cause notices. Management stated that, based on legal assessments, the company is confident of a favorable outcome regarding these demands.

Impact of Online Gaming Regulation:
The reports also drew attention to the impact of the Promotion and Regulation of Online Gaming Act, 2025. This legislation prohibits online games involving real-money stakes.
  • The Standalone financial results recorded an aggregate reduction of Rs. 378.34 Crores in the fair value of invested entities in Other Comprehensive Income (OCI).
  • The Consolidated financial results recorded an aggregate reduction of ₹ 459.52 Crores as a cumulative reduction in the fair values of investments, also recognized through Other Comprehensive Income (OCI).

Operational and Legal Status​

The Board of Directors noted that the holding company and its subsidiaries have filed Writ petitions and obtained stay orders from respective High Courts regarding the GST show cause notices. The matter has been heard in detail in the respective courts and is presently reserved for judgment by the Supreme Court.

Furthermore, the Company previously approved a Revised Composite Scheme of Arrangement among key subsidiaries, which was set to be effective from April 1, 2025.

Annual Financial Highlights​

The Consolidated and Standalone Balance Sheets provide a snapshot of the company’s overall financial structure as of March 31, 2026:

SegmentMetricStandalone (31-Mar-26)Consolidated (31-Mar-26)
Total AssetsTotal Assets1,838.302,574.09
Total EquityTotal Equity2,212.932,251.69
Total LiabilitiesTotal Liabilities2,386.242,962.23

The consolidated revenue from operations for the year ended March 31, 2026, totaled 688.46 Crores, with a profit for the period/year standing at 85.29 Crores. The respective statements for the Standalone and Consolidated Cash Flows confirm the operational movements throughout the financial year.

DELTACORP Stock Price Movement​

Delta Corp Limited shares rallied today, closing at ₹69.00 after gaining 11.87% in post-market trading. The stock saw high activity, with over 8.84 million shares traded throughout the day.
 

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