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Business Standard
09-05-2025
- Business
- Business Standard
Intellect Design Arena gains after Q4 PAT spurts 85% YoY to Rs 135 cr
Intellect Design Arena rose 1.25% to Rs 854.90 after the company reported an 85.45% year-on-year (YoY) jump in consolidated net profit to Rs 135.32 crore in Q4 FY25, supported by an 18.69% increase in total income to Rs 748.55 crore. Profit before tax (PBT) rose 48.79% YoY to Rs 182.15 crore, compared to Rs 122.42 crore in the same period last year. EBITDA grew 47.84% to Rs 226.86 crore in Q4 FY25 from Rs 153.45 crore a year ago. Platform revenue for the quarter stood at Rs 79 crore. License-linked revenue (license + platform + AMC) reached Rs 392 crore, including Rs 174 crore from license revenue and Rs 138 crore from AMC revenue. Collections during the quarter stood at Rs 712 crore, while cash and cash equivalents totaled Rs 1,021 crore as of 31 March 2025. On a full-year basis, the companys consolidated net profit advanced 3.61% to Rs 332.77 crore on a 0.45% increase in total income to Rs 2,577.03 crore in FY25 over FY24. Arun Jain, chairman and managing director of Intellect Design Arena, said, technology has been received extremely well in the market since it is based on zero-waste architecture and first-principle thinking. The Purple Fabricthe Business Impact AI platformis emerging as the most disruptive technology in the AI space. The company will be investing over 100 crores in the current year for marketing, sales, and distribution of Purple Fabric. Meanwhile, the companys board has declared a final dividend of Rs 4, along with a special dividend of Rs 3 per share of face value of Rs 5 each on the equity shares for the financial year 2025. The record date for the payment of the final dividend has been set on July 18, 2025. The dividend will be paid within 30 days from the date of declaration, the company said. Intellect Design Arena has a comprehensive portfolio of products across global consumer banking, central banking, risk & treasury management, global transaction banking, and insurance and is engaged in the business of software development.
United News of India
02-05-2025
- Sport
- United News of India
Reigning champion Formidables and other favourite teams enter quarterfinals of the team event in All India Shree Cement Bridge
Kolkata, May 2 (UNI) Displaying fine form champions Formidables along with Dhampur Sugar Mills, Team Arun Jain, E A Bridge, Chef's Table, Rampage, Team Monica Jajoo and Mavericks on Friday entered the quarterfinals of the team event in the 8th All India Shree Cement Bridge Championship being here. In the pre-quarter finals Formidables consisting of Rajeshwar Tewari, Sumin Mukherjee, Kaustabh Nandi, Sagnik Roy, Sayantan Kushari snd Kaustubh Bendre outplayed Orion by 104 – 47 International Match Points (IMPs) while at the other matches of round of sixteen Dhampur Sugar outplayed Queen of Hearts 107 – 16, Chefs Table beat Mohota 78-63 , Arun Jain scraped through Lake My Love 97.5 – 91, E A Bridge drubbed TVS Mobility 143-23. Mavericks edged past EISK 54- 49 and Rampage beat Unity 100-86 while in the most contested match of the day Team Monica Jajoo squeezed past Bridge Lovers by a single IMP 72-71. Earlier during an eight-round Swiss league held yesterday and this morning , true to the top billing `Formidables` from Delhi, warmed up late but moved into the pre-quarter final stage finishing at the top with 118.82 Victory Points (VPs). Other fifteen teams to qualify for the pore-quarter final stage were Mohta ( 113.93 ), Arun Jain ( 11.66) , EA Bridge( 109.22), Monica Jajoo ( 107.58), Mavericks ( 104.96 ), Unity ( 102.88), Queen of Hearts (101.80), EISK (101.37), Orion ( 100.06 ) Dhampur Sugar Mills ( 99.98), TVS Mobility ( 99.98), Bridge Lovers ( 99.05), Chef's Table ( 95.96), Lake My Love ( 94.38) and Rampage ( 93.25 ). UNI PC SJC
