01 Feb 2026 | 5 Mins Read
Intellect Design Arena's Q3 Profit Drops 72% to ₹28.4 Crore QoQ
Flipitmoney
Intellect Design Arena’s Q3 FY26 net profit fell 72% QoQ to ₹28.4 crore, hit by a ₹30.84 crore exceptional gratuity charge linked to new Labour Codes. Revenue declined 3.5% to ₹731.3 crore, while EBIT dropped to ₹59.6 crore. The firm is expanding in the US with an AI-first payments platform, targeting a $2-billion market by 2030 growing at 40% annually.