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( As on 31/05/2025 10:03)

ACE Software E Q4 net profit down 43.97% at Rs 0.65 cr

The company reported standalone net profit of Rs 0.65 crore for the quarter ended March 31, 2025 as compared to Rs 1.16 crore in the same period last year, registering a year-on-year decline of 43.97 per cent.

Net revenue of the company rose substantially by 53.57 per cent at Rs 3.44 crore in January-March quarter of this fiscal as against Rs 2.24 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 46.46 per cent to Rs 3.31 crore from Rs 2.26 crore in year ago period.

Other Income dipped by 10.20 per cent at Rs 1.32 crore versus (Mar'24 Rs 1.47 crore).

Operating Profit surged by 533.33 per cent to Rs 0.13 crore as against Rs -0.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 435.34 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 250.00 per cent at Rs 0.70 crore (Mar'24 Rs 0.20 crore).