Accelya Solutions' Consolidated Income for Q4 at Rs. 857.25 Million

Accelya Solutions India Limited, an Accelya Group company and a leading provider of financial and commercial solutions to the Airline and Travel industry, has recorded consolidated operating income of Rs. 857.25 million for the fourth quarter ended June 2021 compared to Rs. 741.82 million in the quarter ending March 2021. The Consolidated PAT stood at Rs. 183.59 million compared to Rs. 108.87 million in the quarter ending March 2021.

For the quarter ended June 2020, the consolidated operating income and PAT was Rs. 628.34 million and Rs. 35.57 million respectively.

Mr. Shrimanikandan Ananthavaidhyanathan, Managing Director, Accelya Solutions said, "We observe the airline industry showing signs of recovery globally, which has positively impacted our company. We continue to be a trusted partner to our airline customers and work with them in their recovery process. Employee wellness and safety continues to be one of our key priority. To ensure their safety, we continue with our work from home policy and have embarked on a vaccination drive."

Accelya Solutions provides comprehensive financial and business intelligence solutions to the airline industry. Accelya's solutions are available as hosted and outsourced in pay-per-use models. These innovative models are beneficial for customers since they reduce upfront capital investments. The return on investment on the pay-per-use model is quite fast since the business benefits of the solution pays for itself. Accelya Solutions thereby partners with customers in sharing risks and rewards.

Shares of ACCELYA SOLUTIONS INDIA LIMITED was last trading in BSE at Rs. 1393.65 as compared to the previous close of Rs. 1332.05. The total number of shares traded during the day was 53356 in over 3644 trades.

The stock hit an intraday high of Rs. 1409.15 and intraday low of 1305. The net turnover during the day was Rs. 71467564.

Source : Equity Bulls

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