Accelya Solutions India Q1 Results Live: Profit Rises by 2.96% YoY | Mint

Accelya Solutions India Q1 Results Live: Profit Rises by 2.96% YoY | Mint


Accelya Solutions India Q1 Results Live : Accelya Solutions India declared their Q1 results on 16 Oct, 2024, revealing a mixed bag of financial metrics. The company’s topline experienced a slight decline of 0.13% year-over-year, while profits showed a positive trend, increasing by 2.96%. In comparison to the previous quarter, revenue saw a more pronounced decline of 0.77%, but profits rose by 4.09%.

A closer look at the company’s expenses shows that selling, general, and administrative expenses rose by 5.44% on a quarter-over-quarter basis, yet they decreased by 5.14% when compared year-over-year. This increase in expenses could be indicative of strategic investments or operational adjustments.

Operating income also demonstrated resilience, rising by 3.36% quarter-over-quarter and 0.94% year-over-year. The earnings per share (EPS) for Q1 stood at 21.75, marking a 2.98% increase compared to the same period last year, which is a positive sign for investors.

In terms of stock performance, Accelya Solutions India has delivered a return of 2.91% over the past week, but has faced a decline of 2.17% in the last six months. However, the year-to-date return remains strong at 23.49%, reflecting a robust overall performance for the year.

Currently, Accelya Solutions India holds a market capitalization of 2609.41 Crores, with a 52-week high of 2127.4 and a low of 1310. The company’s mixed results may prompt investors to closely monitor upcoming quarters for further insights into its financial health and strategic direction.

Accelya Solutions India Financials

Period Q1 Q4 Q-o-Q Growth Q1 Y-o-Y Growth
Total Revenue 127.12 128.11 -0.77% 127.29 -0.13%
Selling/ General/ Admin Expenses Total 37.04 35.13 +5.44% 39.05 -5.14%
Depreciation/ Amortization 7.54 7.97 -5.45% 7.81 -3.47%
Total Operating Expense 86.11 88.43 -2.63% 86.66 -0.64%
Operating Income 41.01 39.68 +3.36% 40.63 +0.94%
Net Income Before Taxes 43.57 41.96 +3.85% 42.29 +3.02%
Net Income 32.46 31.19 +4.09% 31.53 +2.96%
Diluted Normalized EPS 21.75 20.89 +4.12% 21.12 +2.98%
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