Kale Consultants' consolidated net drops in Q1

Kale Consultants, a solutions provider to the Airline, Airports, Logistics and Travel industry, saw a decline in its consolidated net profit as the company's PAT declined to Rs 5.06 crore in the April-June quarter compared to Rs 5.66 crore during the corresponding period last year.

However, the company recorded standalone net profit of Rs 5.15 crore in the April-June quarter of the current financial year as compared to Rs 3.40 crore during the corresponding period of the previous financial year.

The company had an operating income of Rs 33.51 crore for the quarter ended June 30, 2010, as compared to Rs 25.62 crore in the corresponding period of FY10.