Intellect Design Arena Ltd's Q3FY25 Quarterly Results

Result Summary

• Intellect Design Arena Ltd reported a 6.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 4.5%.
• Its expenses for the quarter were up by 2.8% QoQ and down 1.3% YoY.
• The net profit increased 34.9% QoQ and decreased 16.6% YoY.
• The earnings per share (EPS) of Intellect Design Arena Ltd stood at 4.9 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Intellect Design Arena Ltd is a technology company specializing in financial technology solutions. The company provides a broad range of products and services designed for the global banking and financial services industry. Intellect Design Arena's offerings include digital banking solutions, integrated risk and treasury management, and core banking platforms. The company operates within the highly competitive fintech industry and serves a diverse clientele comprising banks, insurance companies, and other financial institutions worldwide. Recent developments in the company have not been specified in the provided data set, and hence, any significant changes or strategic moves remain unnoted.

Revenue

In Q3FY25, Intellect Design Arena Ltd reported a total income of ₹624.80 crores, reflecting a 6.5% increase from the previous quarter (Q2FY25), where the total income stood at ₹586.67 crores. However, compared to the same quarter in the previous year (Q3FY24), where the total income was ₹654.18 crores, there is a YoY decline of 4.5%. This contraction in revenue on a yearly basis highlights a reduction in income over the year, while the quarter-over-quarter growth indicates a positive shift from the preceding quarter.

Profitability

The company's profitability metrics show a Profit Before Tax (PBT) of ₹93.27 crores for Q3FY25, which is a 34.1% increase from ₹69.56 crores in Q2FY25. However, this represents a YoY decrease of 19.5% from ₹115.86 crores in Q3FY24. Similarly, the Profit After Tax (PAT) for Q3FY25 was ₹70.80 crores, marking a 34.9% increase from the previous quarter's PAT of ₹52.48 crores, but showing a decline of 16.6% compared to ₹84.88 crores in Q3FY24. The tax expense for the quarter was ₹22.92 crores, which is an increase of 32.6% QoQ and a decrease of 25.6% YoY. These figures reflect a complex profitability landscape, with improvements over the quarter but reductions on a yearly basis.

Operating Metrics

Intellect Design Arena Ltd's total expenses for Q3FY25 were reported at ₹531.53 crores, which is a 2.8% increase from ₹517.10 crores in Q2FY25, and a slight decrease of 1.3% from ₹538.32 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was ₹4.90, up 32.4% from ₹3.70 in Q2FY25, but down 18.3% from ₹6.00 in Q3FY24. These figures indicate a rise in operating costs compared to the previous quarter but a slight reduction from the previous year. The increase in EPS QoQ suggests improved earnings performance relative to the number of shares, although it has decreased on a YoY basis.