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News Details

( As on 26/08/2026 20:30)

ACCEL posts Q1 net loss of Rs 0.66 cr

The company reported standalone net loss during the quarter stood at Rs 0.66 crore compared to net profit of Rs 1.21 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 11.87 per cent at Rs 43.25 crore in April-June quarter of this fiscal as against Rs 38.66 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 13.47 per cent to Rs 40.36 crore from Rs 35.57 crore in year ago period.

Other Income dipped by 78.86 per cent at Rs 0.37 crore versus (Jun'25 Rs 1.75 crore).

Operating Profit slipped by 6.47 per cent to Rs 2.89 crore as against Rs 3.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.27 per cent in June quarter.

Interest grew by 1.86 per cent y-o-y to Rs 1.64 crore, while Taxation increased by 92.68 per cent at Rs 0.79 crore (Jun'25 Rs 0.41 crore).