As per the PDF attached
Awaiting price reaction for this filing.
The board of ACE Edutrend Ltd approved its audited financial results for the quarter and year ended March 31, 2025, on May 21, 2025. The company reported zero revenue from operations and only Rs 0.04 million in other operating income for the full year FY25, with the company explicitly stating that 'business activities have not been carried out.' Net loss for FY25 widened sharply to Rs 6.63 million from a loss of Rs 1.63 million in FY24, translating to a loss per share of Rs 0.72. The auditor flagged Rs 51.86 lakh as prior period expenses charged to the P&L, which inflated the loss. Net cash from operating activities was negative at Rs 0.11 million, and reserves have turned more negative at Rs (12.21) million versus Rs (4.03) million last year. Statutory auditor M/s Asha & Associates issued an unmodified opinion. The board also appointed a new internal auditor and secretarial auditor.
For shareholders, this is a deeply negative readout: a non-operating company with zero core revenue, sharply higher losses, eroding reserves now standing at negative Rs 12.21 million, and negative operating cash flow. The lack of any business activity, combined with prior period items hitting the P&L, signals serious viability concerns and likely continued pressure on the stock.