Results - Announcements
Ace Software Exports Ltd share price softened by 0.63% to Rs 189.35. The Company's net profit registered a growth of 11.02% to Rs 1.31 crore, while revenue from operations slightly gained 1.26% to Rs 14.47 crore in Q2FY27 over Q2FY26.
The market capitalization of Software Products industry group stocks on BSE stood at Rs 1.39 lakh crore, nosediving by 17.14%. It has inched up 2.79% over last one week and retreating 11.73% in last one month while the market capitalization of Ace Software Exports Ltd has marginally improved by 1.67% and 13.22% in the same period respectively.
Profit before tax (PBT) of Ace Software Exports Ltd stood at Rs 1.31 crore in Q2 FY27, tanking 28.42% year-on-year, and rising by 11.02% quarter-on-quarter. EBITDA came in at Rs 1 crore, crashing by 24.00% YoY and surging by 56.16% sequentially.
Total expenses slightly declined by 0.67% to Rs 13.26 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 7.49 crore, improving by 9.50% YoY.
For FY26, revenue from operations soared by 80.06% to Rs 56.81 crore, while net profit tanked by 20.54% to Rs 4.45 crore, compared to previous FY. EBITDA jumped by 397% to Rs 3.54 crore, and PBT dipped slightly 7.72% to Rs 5.98 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 4.77 crore in FY26, as against Rs 9.79 crore in FY25.
Ace Software Exports Ltd nosedived by 24.86% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.74% during the same period.