Intellect Design Arena Q1 Results Live : Intellect Design Arena announced their Q1 results on 26 Jul, 2024, with a 5.17% decrease in revenue and a 20.34% decrease in profit compared to the same quarter last year.
Quarterly comparison shows a 1.19% decline in revenue but a 2.04% increase in profit from the previous quarter.
However, the company experienced a 2.38% rise in Selling, general & administrative expenses compared to the previous quarter, and a significant 14.44% increase year-on-year.
Operating income took a hit with a 16.8% decrease from the previous quarter and a 25.94% decrease year-on-year for Intellect Design Arena.
The Q1 EPS stands at ₹5.25, reflecting a 21.64% decrease from the previous year.
Intellect Design Arena’s stock performance in the market shows a -7.19% return in the last week, while boasting a 9.5% return in the past 6 months and a 19.16% Year-to-Date return.
With a market cap of ₹13744.95 Cr, the company’s 52-week high/low is recorded at ₹1199 & ₹572 respectively.
Analysts’ ratings as of 27 Jul, 2024, indicate a divided sentiment with 1 analyst giving a Strong Sell rating and another analyst rating it as Hold.
Intellect Design Arena Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 606.34 | 613.67 | -1.19% | 639.38 | -5.17% |
| Selling/ General/ Admin Expenses Total | 365.24 | 356.74 | +2.38% | 319.16 | +14.44% |
| Depreciation/ Amortization | 36.53 | 35.27 | +3.59% | 33.97 | +7.53% |
| Total Operating Expense | 522.16 | 512.49 | +1.89% | 525.71 | -0.68% |
| Operating Income | 84.18 | 101.18 | -16.8% | 113.67 | -25.94% |
| Net Income Before Taxes | 98.08 | 122.42 | -19.88% | 126.54 | -22.49% |
| Net Income | 74.46 | 72.97 | +2.04% | 93.47 | -20.34% |
| Diluted Normalized EPS | 5.25 | 6.03 | -12.97% | 6.7 | -21.64% |
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