Accelya Solutions India first quarter results announced: profit increased by 2.96% year-on-year

Accelya Solutions India Q1 Results Live

2024-10-17 11:15:22 :

Accelya Solutions India first quarter results released live: Accelya Solutions India announced its first quarter results on October 16, 2024, disclosing a complex set of financial metrics. The company’s revenue decreased slightly by 0.13% year-on-year, while profits showed a positive trend, increasing by 2.96% year-on-year. Compared with the previous quarter, revenue fell by 0.77%, but profit increased by 4.09%.

Looking closely at the company’s expenses, selling expenses, general expenses and administrative expenses increased by 5.44% month-on-month, but decreased by 5.14% year-on-year. Increases in expenses may indicate strategic investments or operational adjustments.

Operating income also showed resilience, increasing 3.36% month-on-month and 0.94% year-on-year. First quarter earnings per share (EPS) were $21.75, an increase of 2.98% from the same period last year, which is a positive sign for investors.

In terms of stock performance, Accelya Solutions India returned 2.91% over the past week but has declined 2.17% over the past six months. However, year-to-date returns remain strong at 23.49%, reflecting a strong overall performance this year.

Currently, Accelya Solutions India has a market capitalization of $2609.41 Crore, a new 52-week high $2127.4 and lowest price $1310. The company’s mixed results may prompt investors to pay close attention to the coming quarters to learn more about its financial health and strategic direction.

Accelya Solutions India Finance

periodQ1fourth quartermonth-on-month growthQ1year-on-year growth
total revenue127.12128.11-0.77%127.29-0.13%
Total Selling/General/Administrative Expenses37.0435.13+5.44%39.05-5.14%
Depreciation/Amortization7.547.97-5.45%7.81-3.47%
total operating expenses86.1188.43-2.63%86.66-0.64%
operating income41.0139.68+3.36%40.63+0.94%
net income before tax43.5741.96+3.85%42.29+3.02%
net income32.4631.19+4.09%31.53+2.96%
Diluted normalized earnings per share21.7520.89+4.12%21.12+2.98%
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