Intellect Design Arena’s board has approved the unaudited financial results for Q3 2026, along with key leadership changes. Mr. Anil Kumar Verma has been re-appointed as a Whole-time Director, and Mr. D. Shivakumar has been appointed as an Independent Director. The board meeting, held on January 30, 2026, concluded with these significant decisions.
Financial Performance Highlights
The board approved the unaudited financial results (Standalone and Consolidated) for the quarter ended December 31, 2025 (Q3 2026), in compliance with Indian Accounting Standards. These results have been reviewed by the Auditors and recommended by the Audit Committee.
Leadership Appointments
Re-appointment: Mr. Anil Kumar Verma (DIN: 01957168) has been re-appointed as a Whole-time Director for a term of 5 years, effective February 1, 2026. This decision was based on the recommendation of the Nomination, Remuneration and Compensation Committee (NRCC) and is subject to shareholder approval via postal ballot with a Special Resolution.
Appointment: Mr. D. Shivakumar (DIN: 00364444) has been appointed as an Additional Director, designated as an Independent Director, for a term of 5 years. This appointment follows the recommendation of the NRCC and is also subject to shareholder approval via postal ballot with a Special Resolution.
Anil Kumar Verma Profile
Mr. Anil Kumar Verma is a key contributor to the strategic vision of the organization. A Bachelor of Electrical Engineering from IIT Delhi and Post-Graduate in Instructional Design from the University of Wollongong in Australia, Anil has rich and global professional experience of over four decades in the industry.
D. Shivakumar Profile
Mr. Shivakumar Dega has held various leadership positions in Indian and Multi-National Companies. Shivakumar (commonly known as Shiv) is associated with Advent International, a global private equity firm, as Operating Partner and is based out of Gurgaon. He has a strong background in sales, marketing, and general management, and is an alumnus of IIT Madras, IIM Calcutta, and Wharton School of Business.
Key Financial Figures (Standalone)
Revenue from operations stood at Rs. 3,813.16 million.
Total Income reached Rs. 3,977.21 million.
Profit after tax amounted to Rs. 95.54 million.
Key Financial Figures (Consolidated)
Revenue from operations stood at Rs. 6,096.26 million.
Total Income reached Rs. 6,248.00 million.
Profit after tax amounted to Rs. 674.55 million.
Source: BSE