Pursuant to Reg.33 of SEBI LODR REG. 2015 please find attached the results along with limited review report for the quarter ended on June 30, 2025.
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Ace Engitech Limited (formerly Prem Somani Financial Services Limited) reported its Q1 FY26 results with negligible total income from operations of ₹0.21 lakhs (vs ₹0.00 lakhs in Q1 FY25). The company posted a net loss after tax of ₹4.71 lakhs, broadly in line with the ₹4.78 lakh loss in the year-ago quarter. Loss per share widened to ₹(0.55) from ₹(0.14) a year earlier. Paid-up equity capital has dropped sharply to ₹85.89 lakhs from ₹330.34 lakhs earlier, and reserves remain deeply negative at ₹(82.44) lakhs, indicating accumulated losses have eroded shareholders' funds. The auditor issued a clean limited review report with no qualifications.
The company continues to be loss-making with virtually no revenue and negative reserves, raising serious concerns about its financial viability. Shareholders should note the significant erosion of equity and the going-concern risk despite the auditor's clean review.