Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
991.45
-17.80 (-1.76%)
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Intellect Design Arena reports 38% fall in Q3 consolidated net profit

Date: 06-02-2023

Intellect Design Arena has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported fall of 8.85% in its net profit at Rs 36.17 crore for Q3FY23 as compared to Rs 39.68 crore for the corresponding quarter previous year. However, total income of the company increased by 14.56% to Rs 372.39 crore for the quarter under review as compared to Rs 325.07 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 38.21% in its net profit at Rs 62.60 crore for the quarter under review as compared to Rs 101.31 crore for the same quarter in the previous year. However, total income of the company increased by 9.25% to Rs 567.10 crore for the quarter under review as compared to Rs 519.09 crore for the same quarter in the previous year.