Efficient marketing strategies, coupled with a strong retail focus, proved to be a boon for India’s only publicly traded casino operator Delta Corp, which saw its profits grow by 94.7 percent in the 2016-2017 financial year.

In a filing to the Bombay Stock Exchange, the company reported profits of INR737.49 million (US$11.44 million) for the 2016-2017 financial year, up from FY16’s INR382 million (US$5.9 million).

Meanwhile, revenue for the full financial year reached INR4.6 billion (US$71.33 million), a 21.3 percent increase from the INR3.8 billion (US$58.9 million) recorded in 2016.

The casino group pointed out that EBITDA margins were also up 32 percent year-on-year during the same period.