Intellect Design Arena has reported results for second quarter ended September 30, 2016.
The company has reported a net loss of Rs 13.36 crore for the quarter ended September 30, 2016 as compared to a net profit of Rs 7.33 crore for the same quarter in the previous year. The company’s total income has decreased by 8.94% to Rs 132.39 crore for the quarter under review from Rs 145.39 crore for the corresponding quarter of the previous year.
Intellect Design Arena is a specialist in applying true Digital Technologies across Banking and Insurance technology products company, across global consumer banking (iGCB), Central Banking, Risk & Treasury Management (iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC).
