Kale Consultants, the leading solutions provider to the Airline and Travel industry, has recorded 19% increase in consolidated PAT at Rs. 66.99 mn as compared to Rs. 56.51 mn for the corresponding quarter of the previous year. The consolidated operating revenue stood at Rs. 417.88 mn for the quarter ended December 31, 2010 as compared to Rs. 431.22 mn for the corresponding quarter of the previous year.
On a standalone basis the PAT stood at Rs. 59.27 mn as compared to Rs. 49.46 mn for the corresponding quarter of previous year. On a stand-alone basis, the company recorded operating revenues of Rs. 321.86 mn for the quarter ended December 31, 2010, as compared to Rs. 335.80 mn for the corresponding quarter of previous year.
The consolidated revenue for nine months ended December 31, 2010, is Rs. 1,276.04 mn compared to Rs. 1,194.97 mn for the corresponding period last year, a growth of 6.78%.
Commenting on the performance, Mr. Vipul Jain, CEO and Managing Director said
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