Accelya Kale Solutions has surged 12% to Rs 614 in early morning deals on BSE after reporting a healthy 46% year-on-year (yoy) growth in consolidated net profit at Rs 18.94 crore for the fourth quarter ended June 30, 2013 (Q4). The mid-cap IT consulting and services firm had profit of Rs 12.98 crore in a year ago quarter.
Total income from operations grew 19% to Rs 79.28 crore on yoy basis, Accelya Kale Solutions.
Meanwhile, the company’s net profit for year ended June 2013 has been more than doubled at Rs 84.37 crore against Rs 40.78 crore in the previous fiscal.
The board of directors of the company has recommended a final dividend of Rs 40 per equity share subject to the approval of the shareholders at the ensuing Annual General Meeting.
The stock opened at Rs 610 and hit a 52-week high of Rs 619 on BSE. A combined 29,000 shares changed hands on the counter on BSE and NSE
Total income from operations grew 19% to Rs 79.28 crore on yoy basis, Accelya Kale Solutions.
Meanwhile, the company’s net profit for year ended June 2013 has been more than doubled at Rs 84.37 crore against Rs 40.78 crore in the previous fiscal.
The board of directors of the company has recommended a final dividend of Rs 40 per equity share subject to the approval of the shareholders at the ensuing Annual General Meeting.
The stock opened at Rs 610 and hit a 52-week high of Rs 619 on BSE. A combined 29,000 shares changed hands on the counter on BSE and NSE