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Press Release

Asia's 200 Best Under A Billion
 
Kale Consultants among Forbes Asia's 200 'Best Under a Billion' Companies, 2011
 
Kale among 35 Indian Companies in the list
 

Mumbai, 6 Sept 2011: Kale Consultants, an Accelya group company and leading solutions provider to Airline and Travel industry, has been chosen as one of the ‘200 Best Under A Billion’ dollar companies in Asia by Forbes magazine. The list includes 200 high-performing Asia-Pacific companies with revenues under $1 billion.

Kale Consultants is among 35 Indian companies that have made it to the list. Commenting on the occasion, Mr. Vipul Jain, CEO & Managing Director, Kale Consultants said, “We are honored to receive this recognition from Forbes. I would like to thank all our stakeholders for this achievement. We will continue to deliver greater value to our customers through better products and services and innovative business models.”

The 'Best Under A Billion' list is chosen from nearly 15,000 publicly-listed Asia-Pacific companies with actively traded shares and having annual revenues in the range of USD 5 million-USD 1 billion and are publicly traded for at least a year.

The selection of the best 200 companies is based on earnings growth, sales growth, and shareholders' return on equity in the past 12 months and over three years. Essentially these companies (from an initial field this year of over 15,000) have best managed through the economic volatility that began in 2008. The companies were also evaluated in terms of return on equity, said Forbes Asia.

For more information, please visit:
http://www.forbes.com/lists/2011/24/best-under-a-billion-11_rank.html

 
 
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