See 40% growth in gaming sales in FY12: Delta Corp

Reporting a surge of 200% in its first quarter FY12 net profit, Hardik Dhebar, Group CFO of Delta Corp says that gaming and hospitality arms are set to drive the company's growth, going forward.

Although, the lion share of the revenues and profits of the company came in from the real estate business, Dhebar confirms that the company is focused on the hospitality and gaming space as far as India is concerned. The company registered a surge of 1.8 times in the net sales. Further, Dhebar says, "Contributions from the Kenyan real estate sale has started coming in from Q1 of FY12." The company had sold its Kenyan foray, Delta Centre to World Bank for Rs 110 crore, out of which 10% was recognised in Q1. The company that primarily operates in three business segments