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10-May-2024

Intellect Design Arena drops after Q4 PAT slides 7% YoY to Rs 85 cr

Intellect Design Arena tumbled 13.67% to Rs 883.25 after the company’s consolidated net profit declined 6.59% to Rs 85 crore as compared with Rs 91 crore in Q4 FY23.


'Total revenue fell 1.45% YoY to Rs 612 crore in Q4 FY24.

Profit is without considering one-off exceptional item of MAT credit write-off of Rs 12.51 crore in Q4 FY24.

Profit before tax (PBT) declined 48.54% to Rs 122.04 crore during the quarter as compared with Rs 237.17 crore posted in same quarter last year.

EBITDA stood at Rs 137 crore in Q4 FY24, registering the growth of 4.2% as compared with Rs 143 crore posted in corresponding quarter last year.

Platform revenue for Q4 FY24 stood at Rs 56 crore as against Rs 114 crore in Q4 FY23, (down 53.51%) License linked revenue (License + Platform + AMC) declined 7.81% to Rs 307 crore in Q4 FY24 as against Rs 333 crore in Q4 FY23, while license revenue grew by 18% YoY to Rs 134 crore and AMC revenue increased 11% YoY to Rs 118 crore in Q4 FY24.

In Q4 FY24, collections stood at Rs 570 crore.

Research & engineering expenses jumped 8.82% to Rs 50.71 crore during the quarter from Rs 46.60 crore posted in co...



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