Standalone Q2 profit after tax falls 45%; gaming investments cut to nil
DELTACORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.7 pts less than its Leisure Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 standalone revenue was Rs 131.05 crore, down 10%, and profit after tax Rs 24.11 crore, down 45%. Consolidated Q2 profit after tax was Rs 25.10 crore, down 7%, while six-month profit was Rs 54.56 crore, up 12%. The Gaming Act cut investment values by Rs 378.34 crore standalone and Rs 459.52 crore group-wide, taking holdings to nil and reducing reserves. Auditors flagged Rs 23,207.30 crore of GST demand notices; no provision was made.
Lower standalone profit and the investment value cut may pressure sentiment and equity. The GST demand adds uncertainty despite no provision booked.