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Corporate Results - Software
Kale Consultants Q2 revenues up

Pune, Oct 20

Kale Consultants, solutions provider to the airline, logistics and travel industry, has recorded revenues of Rs 26.20 crore for the quarter ended September 30, 2008, as compared to Rs 20.87 crore for the corresponding quarter of the previous year, a growth of 25.52 per cent. The PAT stood at Rs 2.66 crore (Rs 0.58 crore). Consolidated total income for the quarter stood at Rs 37.29 crore (Rs 35.88 crore). The consolidated PAT stood at Rs 4.08 crore (Rs 2.78 crore). During t he quarter, it has added approximately $40 million to the order book, Mr Vipul Jain, Chief Executive Officer and Managing Director, said. He noted that the Technology Survey for the Indian logistics industry, commissioned by Kale Consultants, revealed that the size of the sector is currently estimated at Rs 244 crore and is expected to touch Rs 410 crore by 2013 at a CAGR of 11 per cent

— Our Bureau

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