The Board has considered and approved Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025 and other agenda.
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Ace Software Exports' board approved audited results for FY25 on May 30, 2025. Standalone revenue from operations grew ~41% to Rs 1,155.80 lakhs (vs Rs 820.77 lakhs in FY24), but total income fell slightly to Rs 1,350.97 lakhs as other income dropped sharply. Standalone PAT nearly halved to Rs 233.13 lakhs (vs Rs 466.00 lakhs), with EPS at Rs 3.12 versus Rs 9.96. Q4 standalone revenue jumped ~54% YoY to Rs 344.13 lakhs but PAT fell ~44% to Rs 64.69 lakhs. Statutory auditor J.A. Sheth & Associates issued an unmodified opinion on both standalone and consolidated results. The board also approved forfeiture of 34,096 partly paid-up equity shares for unpaid call money and appointed a new secretarial auditor.
Mixed signals for shareholders: strong top-line growth in core operations is offset by a sharp drop in profitability, likely due to lower other income and higher costs. The share forfeiture and Rs 4.86 crore raised via the rights issue strengthen equity but may dilute existing shareholders.