Delta Corp Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The company reported a consolidated net revenue of ₹194.33 crore for the quarter, a decrease from ₹210.13 crore the previous year. The profit after tax stands at ₹35.73 crore, with a diluted EPS of ₹1.33.
Regarding ongoing regulatory challenges, the company is facing show cause notices for alleged GST short payment totaling ₹23,207.30 crore. Management remains optimistic about a positive resolution, thus no provisions have been made in the financial results. For investors, this situation presents potential risks but underscores Delta Corp’s resilience alongside its strategic operational adjustments.