Accelya Solutions' Consolidated Income for Q4 at Rs. 1,281.11 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. 1,281.11 million for the quarter ended June 2024 compared to Rs. 1,309.85 million for the quarter ended March 2024. The Consolidated PAT stood at Rs. 311.87 million compared to Rs. 2.02 million for the quarter ended March 2024.

Profit before exceptional items and tax for the quarter ended June 2024 stood at Rs. 419.56 million compared to Rs. 454.44 million for the quarter ended March 2024.

For the quarter ended June 2023, the consolidated operating income and PAT stood at Rs. 1,225.03 million and Rs. 321.09 million respectively.

Mr. Gurudas Shenoy, Managing Director, Accelya Solutions said, "I am pleased to inform you that the board has recommended a final dividend of Rs. 40 for the year."

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-peruse 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. 1910.85 as compared to the previous close of Rs. 1889.15. The total number of shares traded during the day was 829 in over 205 trades.

The stock hit an intraday high of Rs. 1922.80 and intraday low of 1872.70. The net turnover during the day was Rs. 1581199.00.

Source : Equity Bulls

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AccelyaSolutionsIndia INE793A01012 Q4FY24 ResultUpdate