Intellect Design Arena Ltd.

Intellect Design Arena has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 22.81% fall in its net profit at Rs 39.94 crore for the quarter under review as compared to Rs 51.74 crore for the same quarter in the previous year. However, total income of the company increased by 17.16% at Rs 422.09 crore for Q4FY23 as compared to Rs 360.26 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 4.50% marginal fall in its net profit at Rs 91.11 crore for fourth quarter ended March 31, 2023 as compared to Rs 95.40 crore for the same quarter in the previous year. However, total income of the company increased by 19.94% at Rs 626.92 crore for Q4FY23 as compared to Rs 522.69 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 33.69% fall in its net profit at Rs 133.99 crore as compared to Rs 202.08 crore for the previous year. However, total income of the company increased by 17.28% at Rs 1514.46 crore for year under review as compared to Rs 1291.36 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 23.36% fall in its net profit at Rs 268.59 crore as compared to Rs 350.44 crore for the previous year. However, total income of the company increased by 18.97% at Rs 2282.59 crore for year under review as compared to Rs 1918.69 crore for year ended March 31, 2022.