Outcome of the Board Meeting enclosed herewith.
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Awaiting price reaction for this filing.
The Board of Ace Men Engg Works Ltd approved the audited financial results for the quarter and full year ended March 31, 2025. The company reported zero revenue from operations and total income of just Rs 7.51 lacs (down sharply from Rs 38.94 lacs in FY24). The company slipped into a net loss of Rs 2.08 lacs for FY25 compared to a profit of Rs 8.88 lacs in FY24, with basic EPS turning negative at Rs -0.07 (vs Rs 0.29 earlier). The statutory auditor, J. Singh & Associates, issued an unmodified (clean) audit opinion, and the Board decided not to recommend any dividend for FY25. Cash flow from operations remained slightly negative at Rs -0.46 lacs, and the company holds only one reporting segment (Trading).
Negative for shareholders — the company has no operating revenue, swung from profit to loss, and has skipped the dividend, which may weigh on the stock sentiment despite the clean audit opinion.