As per the PDF attached
Awaiting price reaction for this filing.
ACE Edutrend Ltd's board approved audited financial results for Q4 and full year ended March 31, 2025 on May 21, 2025. The company reported zero revenue from operations for the entire year, with total income of just Rs 0.04 million (vs nil in FY24). It posted a net loss of Rs 6.63 million in FY25, sharply wider than the Rs 1.63 million loss in FY24. Total expenses jumped to Rs 6.00 million from Rs 0.98 million, and the company noted that 'Business Activities has not been carried out' and assets are not in use. The auditor M/s Asha & Associates issued an unmodified (clean) opinion. The board also appointed a new internal auditor and secretarial auditor.
The company is essentially dormant with zero operations, widening losses, and negative other equity of Rs 12.21 million, which is a serious red flag for shareholders. There is no revenue-generating business currently, so the stock carries significant risk and investors should monitor for any revival plans.