Intense Technologies lifts margin, but profit quality remains weak
Costs fell faster than revenue, but other income exceeded pre-tax profit and a tax benefit supported the 56.32% QoQ rise in net profit.
Filed 11 Nov 2026, 17:41 IST · after market close · Intense Technologies Ltd (INTENTECH)
Key takeaways
- Consolidated net profit rose 56.32% QoQ to Rs 1.36 cr even as revenue fell 13.48% to Rs 26.06 cr.
- Operating margin improved 1.49 percentage points to 3.53% because expenses fell faster than revenue.
- Other income equalled 106.33% of pre-tax profit, while the negative 71.82% tax rate also supported reported profit.
Price around the results
Revenue fell, while operating profit improved
Consolidated revenue declined 13.48% QoQ to Rs 26.06 cr, but operating profit increased 50.82% to Rs 0.92 cr. Expenses fell 14.81%, faster than revenue, lifting operating margin by 1.49 percentage points to 3.53%. Interest expense fell 100% QoQ to zero, which also supported the improvement below operating profit.
Reported profit was helped by non-operating items
Other income contributed 106.33% of pre-tax profit, so reported earnings were not driven solely by operations. The negative 71.82% tax rate indicates a tax benefit, helping net profit rise 56.32% QoQ to Rs 1.36 cr despite depreciation of Rs 0.96 cr. This makes the quarter's profit quality weaker than the net profit growth alone suggests.
Margin remains near the bottom of the IT peer set
Intense Technologies' 3.53% operating margin was 12.69 percentage points below the 16.22% median for the 74 Information Technology peers that had reported. The company ranked fourth from the bottom on this measure. With only Q1FY27 in the available trend, the quarter shows sequential margin improvement from 2.04%, but not a multi-quarter direction.
Results were filed after market close
The consolidated results were filed at 17:41 IST on 11 November 2026, after market close. No post-results stock reaction is included yet, so the quarter can be assessed here through its operating improvement and the contribution from other income and tax.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹26 cr | ₹30 cr | -13.48% |
| Other income | ₹1 cr | ₹1 cr | -7.69% |
| Expenses | ₹25 cr | ₹30 cr | -14.81% |
| Operating profit | ₹1 cr | ₹1 cr | +50.82% |
| Operating margin (%) | 3.53% | 2.04% | — |
| Interest | ₹0 cr | ₹0 cr | -100.00% |
| Depreciation | ₹1 cr | ₹1 cr | +3.23% |
| Profit before tax | ₹1 cr | ₹1 cr | +58.00% |
| Tax | ₹-1 cr | ₹-0 cr | -54.05% |
| Net profit | ₹1 cr | ₹1 cr | +56.32% |
| EPS (₹) | ₹0.58 | ₹0.37 | +56.76% |
Operating margin of 3.53% compares with a Information Technology sector median of 16.22% across 74 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 3.53% in the next quarter.
- Whether other income's share of pre-tax profit falls below 106.33%.
- Whether revenue recovers from Rs 26.06 cr without expenses growing faster than revenue.