Intellect Design Arena’s board approved the Q3 2026 financial results and key leadership changes. Mr. Anil Kumar Verma was re-appointed as a Whole-time Director for 5 years starting February 1, 2026, subject to shareholder approval. Additionally, Mr. D. Shivakumar was appointed as an Independent Director for 5 years, also pending shareholder approval. The board meeting concluded on January 30, 2026.
Key Management Reappointments
The Board of Directors has approved the re-appointment of Mr. Anil Kumar Verma (DIN: 01957168) as Whole-time Director. The reappointment is for a term of 5 years, effective from February 1, 2026. This decision is based on the recommendation of the Nomination, Remuneration and Compensation Committee (NRCC). The re-appointment is subject to shareholder approval via postal ballot using a Special Resolution.
New Independent Director Appointed
Mr. D. Shivakumar (DIN: 00364444) has been appointed as an Additional Director, designated as an Independent Director. His term is for 5 years, based on NRCC recommendation. This appointment also requires shareholder approval through a postal ballot using a Special Resolution.
Financial Performance: Q3 2026
The board reviewed and approved the unaudited financial results for the quarter ended December 31, 2025 (Q3 2026). These results are both standalone and consolidated, compliant with Indian Accounting Standards (Ind AS). The Limited Review Report of the Auditors was also reviewed, based on the Audit Committee’s recommendation.
Financial Highlights (Consolidated)
Total revenues for the quarter were INR 5,410.55 Million. The net profit after tax stood at INR 344.81 Million, and total comprehensive income reached INR 511.44 Million.
Financial Highlights (Standalone)
Revenue from operations was 3,813.16 million, Other income was 164.05 million
Source: BSE
