Accelya Solutions - Poor Performance Continues: ICICI Direct
Cargo bound for export is loaded onto a freight aircraft at cargo terminal. (Photographer SeongJoon Cho/Bloomberg)

Accelya Solutions - Poor Performance Continues: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Accelya Kale Solutions Ltd. reported Q2 FY21 results (June ending). Revenues registered healthy improvement of 19.6% QoQ to Rs 71.1 crore mainly led by recovery in airline industry.

Ebitda margins improved from 18.4% in Q1 FY21 to 31.7% in Q2 FY21. Profit after tax increased from Rs 2 crore in Q1 FY21 to Rs 10.9 crore in Q2 FY21 mainly due to expansion in operating margins.

The company has declared a special interim dividend of Rs 35 per share.

Click on the attachment to read the full report:

ICICI Direct Accelya Company Update.pdf

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