Intellect Design Arena Q2 FY27 Results: Consolidated Net Profit ₹104 Crore on Total Income of ₹878 Crore
Earnings
software products
Blacklitt Research3 min read
Rsparks3, via Wikimedia Commons (CC0). Illustrative image.
Intellect Design Arena reported consolidated total income of ₹877.98 crore and net profit of ₹103.75 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹519.77 crore and standalone net profit ₹80.36 crore.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹877.98 crore, up 11.3% YoY and 0.5% QoQ
Net profit and EPS: ₹103.75 crore, up 1.8% YoY; basic EPS ₹7.47 against ₹7.40 a year earlier
PPVL licence sale: ₹31.45 crore recognised in revenue from operations, per note 6 of the filing
Depreciation: ₹59.66 crore, up 22.2% YoY from ₹48.82 crore
Standalone
The company on its own, without its subsidiaries
Total income: ₹519.77 crore, up 14.9% YoY and 9.7% QoQ
Net profit and EPS: ₹80.36 crore, up 16.2% YoY; basic EPS ₹5.77 against ₹5.01 a year earlier
PPVL licence sale: ₹62.91 crore included in revenue from operations, per the filing
Tax expense: ₹27.97 crore, up 24.7% YoY
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
877.98
788.93
+11.3%
873.24
+0.5%
Revenue from operations
846.73
758.09
+11.7%
845.17
+0.2%
Other income
31.25
30.84
+1.3%
28.07
+11.3%
103.75
101.92
+1.8%
101.82
+1.9%
Profit before tax
136.65
135.76
+0.7%
135.16
+1.1%
Finance costs
1.15
1.34
-14.6%
1.24
-7.2%
Depreciation
59.66
48.82
+22.2%
57.60
+3.6%
Tax expense
32.90
33.84
-2.8%
33.34
-1.3%
Net profit margin
11.82%
12.92%
-1.10 pp
11.66%
+0.16 pp
EPS, basic (₹)
7.47
7.40
+0.9%
7.34
+1.8%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 1.8% to ₹103.75 crore in the quarter ended 30 Sep 2026, slower than total income, which rose 11.3% to ₹877.98 crore. Revenue from operations of ₹846.73 crore rose 11.7%, faster than other income, which rose 1.3% to ₹31.25 crore.
Profit before tax rose 0.7% to ₹136.65 crore, while tax expense fell 2.8% to ₹32.90 crore. Tax expense is 24.1% of profit before tax this quarter. Depreciation rose 22.2% to ₹59.66 crore from ₹48.82 crore a year earlier, and finance costs fell 14.6% to ₹1.15 crore.
The consolidated statement carries a share of loss of associates and joint ventures of ₹1.48 crore for the quarter, and the filing says the group's share of net loss after tax was ₹14.83 million. Note 6 says ₹31.45 crore, representing 50% of the interest in Project Purple Ventures Limited (PPVL) held by an unrelated investor, has been recognised in revenue from operations, and a deferred tax asset of ₹7.93 crore has been recognised in the consolidated results. The PPVL licence sale is shown as a non-cash item in the half-year cash flow statement.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
519.77
452.32
+14.9%
473.98
+9.7%
Revenue from operations
497.82
431.06
+15.5%
453.96
+9.7%
Other income
21.96
21.26
+3.3%
20.02
+9.7%
80.36
69.16
+16.2%
58.42
+37.5%
Profit before tax
108.33
91.59
+18.3%
78.83
+37.4%
Finance costs
0.36
0.48
-23.8%
0.41
-11.0%
Depreciation
36.43
31.67
+15.0%
36.44
0.0%
Tax expense
27.97
22.43
+24.7%
20.40
+37.1%
Net profit margin
15.46%
15.29%
+0.17 pp
12.33%
+3.13 pp
EPS, basic (₹)
5.77
5.01
+15.2%
4.20
+37.4%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 16.2% to ₹80.36 crore, faster than total income, which rose 14.9% to ₹519.77 crore. Revenue from operations rose 15.5% to ₹497.82 crore, faster than other income, which rose 3.3% to ₹21.96 crore.
Profit before tax rose 18.3% to ₹108.33 crore and tax expense rose 24.7% to ₹27.97 crore, which is 25.8% of profit before tax. Net profit rose 37.5% from ₹58.42 crore in the quarter ended 30 Jun 2026, when total income was ₹473.98 crore.
Standalone revenue from operations includes ₹62.91 crore from a licence sale to PPVL, agreed on 25 Sep 2026 and to be settled by issue of shares in PPVL. The amount is included in trade receivables at quarter end, which stood at ₹345.26 crore.
Inference
The filing says the board approved the appointment of Suresh Eshwara Prabhala as an Additional Director, designated Independent Director, for five years from 30 Oct 2026 to 29 Oct 2031, subject to approval by shareholders through a postal ballot. The filing says he is not related to any director or key managerial personnel, and describes him as having 28 years of experience in Indian financial services.
The company allotted 2,87,609 equity shares to employees on exercise of ESOP options in the quarter, and 62,62,542 employee stock options were outstanding at 30 Sep 2026. The standalone cash flow statement shows dividends paid of ₹97.25 crore in the half year ended 30 Sep 2026. The auditors issued unmodified limited review conclusions on both sets of results; for the consolidated results they relied on other auditors' reports for 27 subsidiaries, 2 associates and 2 joint ventures.
A reader would want standalone revenue without the ₹62.91 crore licence sale, and the filing gives no such figure.
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INTELLECTIntellect Design Arena Ltd.
