Q4 Results Reaction: Intellect Design Arena shares tank 15.5% on weak Q4
Fri, May 10, 2024 11:38 AM

Q4 Results Reaction: Intellect Design Arena shares tank 15.5% on weak Q4

A Flip by Riya Sharma
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Shares of Intellect Design Arena cracked 15.5 percent in intra-day deals on Friday after the company reported weak earnings for the quarter ended March 2024 (Q4FY24).The Chennai-based fintech company reported a 6.6 percent year-on-year (YoY) decline in its net profit at ₹85 crore in Q4FY24 as against ₹91 crore in the corresponding quarter last year.

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