Stock Report

Accelya Solutions' Consolidated Income for Q1 at Rs. 852.71 Million

Posted On : 2021-10-26 21:38:24( TIMEZONE : IST )

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. 852.71 million for the quarter ended September 2021 compared to Rs. 857.25 million for the quarter ended June 2021. The Consolidated PAT stood at Rs. 142.27 million compared to Rs. 183.59 million for the quarter ended June 2021.

For the quarter ended September 2020, the consolidated operating income and PAT stood at Rs. 593.94 million and Rs. 20.46 million respectively.

Mr. Shrimanikandan Ananthavaidhyanathan, Managing Director, Accelya Solutions said, "There has been a gradual recovery in travel globally which is reflected in our business performance. Our consolidated operating income and PAT for the quarter ended September 2021 have increased considerably compared to corresponding quarter of previous year. We are working towards returning to office in coming months."

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. 1362.45 as compared to the previous close of Rs. 1275.25. The total number of shares traded during the day was 8514 in over 1528 trades.

The stock hit an intraday high of Rs. 1378.80 and intraday low of 1275.10. The net turnover during the day was Rs. 11452653.00.