Accel's Fiscal Q3 Consolidated Net Profit Plunges

MT Newswires Live

2025/02/14

Accel (BOM:517494) recorded a sharp decline in its consolidated net profit for fiscal Q3 to 2.72 million Indian rupees from 22.3 million rupees a year ago, according to an Indian bourse filing Thursday by the IT services provider.

Earnings per share during the quarter ended Dec. 31, 2024, contracted to 0.05 rupees from 0.20 rupees a year earlier.

Revenue from operations in fiscal Q3 dropped to 382.7 million rupees from 415.1 million rupees a year ago.

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