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Intellect Design Arena reports net loss of Rs 13.36 crore in Q2FY17

03 Nov 2016 Evaluate

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).

Intellect Design Share Price

694.60 -4.50 (-0.64%)
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