Mumbai, 5th February 2014: Accelya Kale Solutions Limited, an Accelya group company and leading provider of financial and business intelligence solutions to the Airline and Travel industry, has recorded consolidated operating income of Rs. 733.11 million for the second quarter ended December 2013 compared to Rs. 737.90 million in December 2012. Consolidated PAT stood at 203.03 million compared to Rs.209.48 million in the corresponding period. For the quarter ended September 2013, the consolidated operating income and PAT was Rs 792.77 million and Rs 165.62 million respectively.
The Board has declared an interim dividend of Rs.27 per equity share.
Commenting on the performance, Mr. Vipul Jain, Managing Director, Accelya Kale Solutions Ltd said, “Like last year, we are pleased to announce an interim dividend for our shareholders. This is in line with our policy of returning cash to our shareholders unless there is a specific opportunity for inorganic growth.”
Accelya Kale provides comprehensive financial and business intelligence solutions to the airline industry. Accelya Kale’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 Kale thereby partners with customers in sharing risks and rewards.