Accelya Kale Solutions Limited Reports Unaudited Consolidated and Standalone Financial Results for the Quarter and Nine Months Ended Mar. 31, 2018
April 26, 2018 at 07:57 am EDT
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Accelya Kale Solutions Limited reported unaudited consolidated and standalone financial results for the quarter and nine months ended Mar. 31, 2018. For the quarter, on consolidated basis, the company reported total income of INR 919 million against INR 1,017 million for the same period of last year. Profit before exceptional items and tax and profit before tax was INR 327 million against INR 408 million for the same period of last year. Profit for the period was INR 220 million or INR 14.74 per diluted share against INR 263 million or INR 17.63 per diluted share for the same period of last year.
For the nine months, on consolidated basis, the company reported total income of INR 2,882 million against iNR 2,939.6 million for the same period of last year. Profit before exceptional items and tax and profit before tax was INR 1,057 million against iNR 1,184 million for the same period of last year. Profit for the period was INR 672 million or INR 45.06 per diluted share against iNR 768 million or INR 51.46 per diluted share for the same period of last year.
For the quarter, on standalone basis, the company reported total income of INR 822.424 million against INR 923.379 million for the same period of last year. Profit before exceptional items and tax and profit before tax was INR 287.124 million against INR 394.143 million for the same period of last year. Profit for the period was INR 192.489 million or INR 12.90 per diluted share against INR 255.916 million or INR 17.14 per diluted share for the same period of last year.
For the nine months, on standalone basis, the company reported total income of INR 2,735.369 million against INR 2,690.446 million for the same period of last year. Profit before exceptional items and tax and profit before tax was INR 1,122.419 million against INR 1,141.807 million for the same period of last year. Profit for the period was INR 760.478 million or INR 50.95 per diluted share against INR 747.975 million or INR 50.11 per diluted share for the same period of last year.
Accelya Solutions India Limited is an India-based software solutions provider to the global airline and travel industry. The Company operates through travel and transportation vertical. The Company provides software products, managed processes, technology and hosting services. It is involved in computer programming, consultancy and related activities. The Company offers business process outsourcing, software application hosting and support and software licenses and maintenance. Its solutions include passenger solutions, cargo solutions and airline industry solutions. Its passenger, cargo, and industry platforms support airline retailing from offer to settlement. Its integrated cargo platform digitizes cargo processes from offer to settlement. The Company has approximately 250 airline customers and operations spread across approximately nine countries. The Company's subsidiaries include Accelya Solutions Americas Inc., United States and Accelya Solutions UK Limited, United Kingdom.