Latest news with #BusinessImpact
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.
Gulf Today
15-02-2025
- Business
- Gulf Today
SCCI strengthens partnerships to elevate management practices
The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Training and Development Centre (STDC), successfully concluded its official tour to France, the UK, and the Kingdom of Spain. STDC's delegation was headed by Maryam Saif Al Shamsi, Assistant Director General of the Support Services Sector at the Sharjah Chamber, and included Amal Abdullah Al Ali, Director of STDC, along with Dr Khaled Maqlad, Consultant for SMEs and Entrepreneurship Development at SCCI. During the tour, STDC signed nine cooperation and strategic partnership agreements with prestigious universities, academic and training institutions, and prominent official entities across France, the UK, and Spain. Notable institutions involved include the Granada Chamber of Commerce's School of Management, Kellogg College at the University of Oxford, Cambridge Training College Britain, and London Strategy Centre (LSC).These partnerships aim to facilitate the exchange of expertise, promote knowledge-sharing, and jointly develop innovative and globally accredited training and academic programs. The collaborations will focus on enhancing strategic leadership, business management practices, and executive leadership development. Maryam Al Shamsi reaffirmed the Sharjah Chamber's commitment to strengthening STDC's capabilities in delivering internationally accredited training programmes. She highlighted the strategic objective of establishing STDC as a leading global hub for advanced Al Ali emphasised the strategic partnerships established during the tour, reinforcing the Centre's ongoing efforts to strengthen global collaborations. In 2023, a fruitful collaboration with the School of Management at the Granada Chamber of Commerce led to the launch of the 'Strategic Business Leadership' programme. Meanwhile earlier the Sharjah Chamber of Commerce and Industry (SCCI) announced the launch of the 'Business Impact' Podcast during the Sharjah Real Estate Exhibition 'ACRES 2025', organised by the Chamber in collaboration with the Sharjah Real Estate Registration Department (SRERD) from January 22nd to 25th. The Podcast aims to highlight the importance of Sharjah as a strategic destination for business management and investment in the region. The podcast, to be released via Sharjah Chamber's social media platforms, featured local and international business owners and entrepreneurs who share their successful experiences in Sharjah. It discusses various economic issues and how businesses can benefit from the unique business environment Sharjah offers, including investment opportunities, government facilitation, and the role of the Chamber of Commerce in fostering economic growth. The first episode of the 'Business Impact' Podcast, which was broadcast during ACRES Exhibition, hosted Khalifa Bin Harib Almheiri CEO of Alrasikhoon Real Estate.
Sharjah 24
28-01-2025
- Business
- Sharjah 24
Sharjah Chamber launches "Business Impact" podcast at ACRES 2025
Objective of the podcast The Podcast aims to highlight the importance of Sharjah as a strategic destination for business management and investment in the region. Focus on business success stories The podcast, to be released via Sharjah Chamber's social media platforms, featured local and international business owners and entrepreneurs who share their successful experiences in Sharjah. It discusses various economic issues and how businesses can benefit from the unique business environment Sharjah offers, including investment opportunities, government facilitation, and the role of the Chamber of Commerce in fostering economic growth. First episode with Khalifa bin Harib Almheiri The first episode of the "Business Impact" Podcast, which was broadcast during ACRES Exhibition, hosted Khalifa Bin Harib Almheiri CEO of Alrasikhoon Real Estate. Under the theme "The Future of Real Estate in the Emirate of Sharjah", Almheiri presented a comprehensive insight into the developmental status of the real estate sector in the emirate. Exploring investment opportunities The episode also explored the opportunities available to investors and businesses seeking to expand their footprint in this vital sector. The episode focused on how businesses can take advantage of Sharjah's ideal investment environment, with its legislative facilitation and investment incentives. Major real estate developments in Sharjah Additionally, it highlighted major real estate development projects being implemented in the emirate, which are boosting Sharjah's appeal as a promising real estate investment center at both local and international levels. Commitment to innovation and business communication Dr Fatema Khalifa Al Muqarrab affirmed the Sharjah Chamber's strong commitment to innovation that fosters communication with the business community and private sector representatives. She noted that the "Business Impact" Podcast aims to shed light on the key aspects of Sharjah's appealing investment environment, including its diversified economy and the opportunities and advantages it offers to businesses and entrepreneurs across various strategic sectors. This aligns with the Chamber's strategy to position Sharjah as a leading destination for investment and project management in the region and globally. Upcoming episodes with prominent guests The "Business Impact" Podcast will feature in its upcoming episodes interviews with influential entrepreneurs and business leaders from various promising sectors. Aya Issa from IPT Group for lubricants and fuel-oil supply services will highlight how the group successfully connected with more than 250 global companies through Sharjah. Satish Vasu, Chief Customer Value Creator at AHB, will share insights into Sharjah's status as an exemplary environment for opportunities and business growth. Success stories from leading entrepreneurs Key guests also include Mohammed Al-Aitani, CEO of Afco Oils and Fats, who will recount his career that started in Sharjah to until he become the owner of 95 factories worldwide. Furthermore, Dr Ghanem Al-Hajri, Director General of Namar Emirates, will elaborate on how Emirati businesses thrive in the global agricultural and food markets. Lastly, Bader Mohammed Saeb, CEO of Bader Emirates, will recount how his passion for scouting evolved into driving his company to achieve record-breaking sales, reflecting the achievements made possible by Sharjah's thriving business ecosystem.
Zawya
28-01-2025
- Business
- Zawya
Sharjah Chamber launches "Business Impact" podcast
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) announced the launch of the "Business Impact" Podcast during the Sharjah Real Estate Exhibition 'ACRES 2025', organised by the Chamber in collaboration with the Sharjah Real Estate Registration Department (SRERD) from January 22 to January 25. The Podcast aims to highlight the importance of Sharjah as a strategic destination for business management and investment in the region. The podcast, to be released via Sharjah Chamber's social media platforms, featured local and international business owners and entrepreneurs who share their successful experiences in Sharjah. It discusses various economic issues and how businesses can benefit from the unique business environment Sharjah offers, including investment opportunities, government facilitation, and the role of the Chamber of Commerce in fostering economic growth. The first episode of the "Business Impact" Podcast, which was broadcast during ACRES Exhibition, hosted Khalifa Bin Harib Almheiri CEO of Alrasikhoon Real Estate. Under the theme "The Future of Real Estate in the Emirate of Sharjah', Almheiri presented a comprehensive insight into the developmental status of the real estate sector in the emirate. The episode also explored the opportunities available to investors and businesses seeking to expand their footprint in this vital sector. The episode focused on how businesses can take advantage of Sharjah's ideal investment environment, with its legislative facilitation and investment incentives. Additionally, it highlighted major real estate development projects being implemented in the emirate, which are boosting Sharjah's appeal as a promising real estate investment center at both local and international levels. Dr. Fatema Khalifa Al Muqarrab affirmed the Sharjah Chamber's strong commitment to innovation that fosters communication with the business community and private sector representatives. She noted that the "Business Impact" Podcast aims to shed light on the key aspects of Sharjah's appealing investment environment, including its diversified economy and the opportunities and advantages it offers to businesses and entrepreneurs across various strategic sectors. This aligns with the Chamber's strategy to position Sharjah as a leading destination for investment and project management in the region and globally. The "Business Impact" Podcast will feature in its upcoming episodes interviews with influential entrepreneurs and business leaders from various promising sectors. Aya Issa from IPT Group for lubricants and fuel-oil supply services will highlight how the group successfully connected with more than 250 global companies through Sharjah. Satish Vasu, Chief Customer Value Creator at AHB, will share insights into Sharjah's status as an exemplary environment for opportunities and business growth. Key guests also include Mohammed Al-Aitani, CEO of Afco Oils and Fats, who will recount his career that started in Sharjah to until he become the owner of 95 factories worldwide. Furthermore, Dr. Ghanem Al-Hajri, Director General of Namar Emirates, will elaborate on how Emirati businesses thrive in the global agricultural and food markets. Lastly, Bader Mohammed Saeb, CEO of Bader Emirates, will recount how his passion for scouting evolved into driving his company to achieve record-breaking sales, reflecting the achievements made possible by Sharjah's thriving business ecosystem. For further information, please contact: Ali Elgendy Misbar Communications ali@ Ahmad Aldwairi Misbar Communications
