Accelya Kale posts lower profit of Rs 20 cr for Oct-Dec qtr

Accelya Kale Solutions Ltd today reported lower profit after tax of Rs 20.30 crore for the October-December quarter.
The company, formerly known as Kale Consultants Ltd, had recorded Rs 20.94 crore PAT in the same quarter of 2012-13.
It has recorded consolidated operating income of Rs 73.31 crore for its second quarter ended December 2013. The consolidated operating income stood at Rs 73.79 crore for the company in December 2012.
For the quarter ended September 2013, the consolidated operating income and PAT was Rs 79.27 crore and Rs 16.56 crore respectively, the company said in a statement.
The Board has declared an interim dividend of Rs 27 per equity share.

Accelya Kale Solutions Managing Director Vipul Jain said: "Like last year, we had announced an interim dividend for our shareholders. This is in line with our policy of returning cash to our share-holders unless there is a specific opportunity for inorganic growth."
Accelya Kale provides comprehensive financial and business intelligence solutions to the airline industry.