Intellect Design Arena Ltd.

Intellect Design Arena has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 2-fold jump in its net profit at Rs 55.73 crore for the quarter under review as compared to Rs 18.92 crore for the same quarter in the previous year. Total income of the company increased by 37.74% at Rs 282.86 crore for Q4FY21 as compared Rs 205.36 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 96.66% in its net profit attributed to the owners at Rs 80.61 crore for the quarter under review as compared to Rs 40.99 crore for the same quarter in the previous year. Total income of the company increased by 10.91% at Rs 400.38 crore for Q4FY21 as compared Rs 361 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported net profit at Rs 207.25 crore as compared to net loss of Rs 31.28 crore for the previous year. Total income of the company increased by 33.27% at Rs 1018.61 crore for year under review as compared to Rs 764.32 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported 16-fold jump in its net profit attributed to the owners at Rs 262.77 crore as compared to Rs 15.99 crore for the previous year. Total income of the company increased by 9.96% at Rs 1510.14 crore for year under review as compared to Rs 1373.35 crore for year ended March 31, 2020.