Intellect Design Arena Board Approves Key Leadership Changes & Financial Results

Intellect Design Arena’s board has approved the Q3 2026 financial results and key leadership appointments. Mr. Anil Kumar Verma has been re-appointed as a Whole-time Director for 5 years, effective February 1, 2026. Mr. D. Shivakumar has been appointed as an Additional and Independent Director for 5 years. The meeting concluded at 3:20 PM IST on January 30, 2026.

Leadership Appointments

The Board approved the following changes to the management team:

  • Re-appointment: Mr. Anil Kumar Verma (DIN: 01957168) as Whole-time Director for a 5-year term, effective February 1, 2026. This is subject to shareholder approval via postal ballot.
  • Appointment: Mr. D. Shivakumar (DIN: 00364444) as an Additional Director, designated as an Independent Director for a 5-year term, also subject to shareholder approval.

Mr. Anil Kumar Verma is the brother-in-law of Mr. Arun Jain, Chairman and Managing Director of the Company.

Q3 2026 Financial Highlights (Standalone)

The company reported the following figures for the quarter ended December 31, 2025:

  • Revenue from Operations: ₹3,813.16 million
  • Total Income: ₹3,977.21 million
  • Profit After Tax: ₹338.37 million

Q3 2026 Financial Highlights (Consolidated)

The company reported the following figures for the quarter ended December 31, 2025:

  • Revenue from Operations: ₹7,313.84 million
  • Total Income: ₹7,529.86 million
  • Profit After Tax: ₹749.35 million

Auditor’s Review

MSKC & Associates LLP performed the independent auditor’s review of both the standalone and consolidated financial results. The review reports state that nothing has come to their attention to indicate any material misstatement in the financial results.

Source: BSE

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