Delta Corp Limited has informed the Exchange regarding Change in Auditors of the company.
DELTACORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Delta Corp Limited held its Board meeting on 22nd April 2026 and approved audited financial results for FY ended 31st March 2026. The company reported standalone total income of Rs. 554.55 Crores (down from Rs. 619.83 Crores) and profit after tax of Rs. 118.21 Crores (down from Rs. 185.31 Crores). The Board recommended a final dividend of Rs. 0.50 per share (50%). The key agenda item was the appointment of M/s. M S K C & Associates LLP as the new Statutory Auditors for 5 years, replacing M/s. Walker Chandiok & Co LLP upon completion of their tenure. The auditors highlighted concerns about GST show cause notices totaling Rs. 24,959.69 Crores and the impact of the Online Gaming Act, 2025 which led to Rs. 378.34 Crores reduction in fair value of online gaming investments.
The auditor change is a routine tenure completion and poses no immediate concern. However, the declining profits, massive GST liability exposure, and new gaming regulations represent significant headwinds for the company.