Accelya Solutions In Q4 net profit jumps 53.84% at Rs 27.03 cr
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The company reported standalone net profit of Rs 27.03 crore for the quarter ended June 30, 2022 as compared to Rs 17.57 crore in the same period last year, registering a year-on-year growth of 53.84 per cent. Net revenue of the company rose substantially by 23.60 per cent at Rs 91.35 crore in April-June quarter of this fiscal as against Rs 73.91 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 19.41 per cent to Rs 51.92 crore from Rs 43.48 crore in year ago period. Other Income grew by 109.09 per cent at Rs 5.52 crore versus (Jun'21 Rs 2.64 crore). Operating Profit surged by 29.58 per cent to Rs 39.43 crore as against Rs 30.43 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.83 per cent in June quarter. Interest declined by 35.58 per cent y-o-y to Rs 0.67 crore, while Taxation increased by 31.06 per cent at Rs 8.06 crore (Jun'21 Rs 6.15 crore).
