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Kale posts steady growth in FY10
By siliconindia
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Friday, 23 April 2010, 18:07 IST
Mumbai: Kale Consultants, the solutions provider to the airline, airport, logistics and travel (AALT) industry, has recorded revenues of 
1,267.30 million for the year ended March 31, 2010, as compared to 1,026.22 million for the previous year, a growth of 23 percent. PAT stood at 191.40 million compared to 101.34 million in the previous year, a growth of 89 percent.
For the quarter ended March 31 2010, Kale recorded revenues of 382.14 million as compared to 284.79 million during the previous year, a growth of 34 percent. PAT stood at 66.53 million compared to 42.48 million in the previous year, which is a growth of 57 percent.
Consolidated revenues for the year ended March 31, 2010, stood at 1,659.20 million as compared to 1,446.57 million during the previous year, a growth of 15 percent. Operational PBT stood at 259.13 million as compared to 215.96 million in the previous year, which is a growth of 20 percent. For the quarter ended March 31, 2010, Kale has recorded consolidated revenues of 464.24 million as compared to 387.19 million for the corresponding quarter of the previous year, a growth of 20 percent. Operational PBT stood at 66.97 million as compared to 70.29 million during the corresponding quarter of the previous year.
Commenting on the performance, Narendra Kale, Chairman, Kale Consultants said, "Our results speak for our differentiated solutions and the trust and resilience of our business model. Further, we are pleased to recommend a dividend of 2 per share."
1,267.30 million for the year ended March 31, 2010, as compared to 1,026.22 million for the previous year, a growth of 23 percent. PAT stood at 191.40 million compared to 101.34 million in the previous year, a growth of 89 percent.
For the quarter ended March 31 2010, Kale recorded revenues of 382.14 million as compared to 284.79 million during the previous year, a growth of 34 percent. PAT stood at 66.53 million compared to 42.48 million in the previous year, which is a growth of 57 percent.
Consolidated revenues for the year ended March 31, 2010, stood at 1,659.20 million as compared to 1,446.57 million during the previous year, a growth of 15 percent. Operational PBT stood at 259.13 million as compared to 215.96 million in the previous year, which is a growth of 20 percent. For the quarter ended March 31, 2010, Kale has recorded consolidated revenues of 464.24 million as compared to 387.19 million for the corresponding quarter of the previous year, a growth of 20 percent. Operational PBT stood at 66.97 million as compared to 70.29 million during the corresponding quarter of the previous year.
Commenting on the performance, Narendra Kale, Chairman, Kale Consultants said, "Our results speak for our differentiated solutions and the trust and resilience of our business model. Further, we are pleased to recommend a dividend of 2 per share."