Intellect Design Arena Ltd, an enterprise-grade financial technology leader, providing composable and intelligent solutions for futuristic global financial institutions, announced its third-quarter results for FY25 today.
Financial Performance:
Q3FY25 – Financial Highlights
Revenue:
-
Total revenue stood at INR 607 Cr
Platform, License and AMC Revenue:
-
Platform revenue is INR 50 Cr
-
License revenue is INR 118 Cr
-
AMC revenue is INR 124 Cr
-
License-linked revenue (License + Platform + AMC) is INR 292 Cr
EBITDA and PBT:
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EBITDA is INR 121 Cr
-
Profit Before Tax is INR 93 Cr
- PAT: 70.19 Cr
Collections:
Collections for Q3FY25 are INR 553 Cr
Management Commentary
Arun Jain, Chairman and Managing Director, Intellect Design Arena Limited, said,
“This has been an eventful Quarter for Intellect. We concluded the agreement with Central
1 successfully and struck an alliance with GlobalLinker as well. eMACH.ai continues to
register wins across Geographies and with global leaders in the Financial industry. With the
Zero Waste architecture based on First Principles thinking, the technology ensures least
total cost of ownership for our customers across Run the Bank and Change the Bank tracks.
Our accelerating deliveries bear testimony to this aspect”
Strategic Initiatives
• As a strategy to expand Intellect’s first principle based eMACH.ai Open Finance Platform footprints in North America, Intellect has signed an agreement to assume digital banking operations of Central 1 Credit Union in Canada. Under this agreement, Intellect will take over contractual responsibilities of digital banking offerings for a significantly large number of Credit Unions of Canada who are currently using Central 1’s Forge, MemberDirect, Public Website and Mobile Applications and products while Central 1 will continue to provide the technology infrastructure and related services. Select members of Central 1’s team will also transition to Intellect for ensuring knowledge retention and continuity.
The Intellect team will operate Central 1’s digital banking software and support clients as they transition to a new eMACH.ai Digital banking platform. The transaction is expected to close in the next few weeks and will give Intellect direct market access to the Credit Unions in Canada
• Intellect Board has approved an investment of Rs. 20 crore as a primary equity infusion in DigiVation Digital Solutions Pvt. Ltd., an India-headquartered international e-commerce company operating under the brandGlobalLinker. Founded in 2010, Global Linkers’ user-friendly platform enables small and medium enterprises (SMEs) to connect and trade globally, effectively streamlining cross-border business and driving growth.
By fostering collaboration with GlobalLinker, Intellect aims to accelerate its expansion in the corporate and government e-procurement space and further strengthen its leadership position in wholesale banking, supply chain, and trade financing. The convergence of GlobalLinker’s offerings along with Intellect’s eMACH.ai suite will create global market access for SMEs along with financing options through banks and financial institutions
