Press Release regarding financial result for FY 2024-25 and Strategic Transformation Update.
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ACE Software Exports announced its FY2024-25 results and outlined a one-year transformation of the Ace Group. Standalone holding company revenue stood at Rs. 1,155.8 lakhs with EBITDA of Rs. 345.5 lakhs and PAT of Rs. 233.13 lakhs. Key subsidiaries showed varied performance — Ace Infoway (Revenue Rs. 1,403.86L, PAT Rs. 99.65L), QeNomy Digital LLP (Revenue Rs. 1,359.33L, PAT Rs. 59.9L), and CameraReadyArt.com INC (Revenue Rs. 2,337.76L, PAT Rs. 219.90L) were the top contributors. The company noted that unlike the prior year, profits this year were driven by core operating business rather than non-core investment income. Two new wholly-owned subsidiaries were added during the year — QeCAD Studio LLP (Jan 2025) and AQE Techtools (July 2024). Flagship product SmartPPS has been deployed at a top Indian machine manufacturer, with commercial rollout beginning soon. The group hired 150+ professionals, earned a 'Great Place to Work' certification, and was recognised among India's Top 100 Workplaces in IT & IT-BPM.
Positive shift from non-core to core operating profitability suggests a more sustainable earnings base going forward. The new product (SmartPPS) moving to commercial stage, domain diversification, and expansion into GCC/APAC markets could support future revenue growth, though small-cap financials and partial consolidation limit direct comparability.