Ace Edutrend Ltd reported a standalone net profit of ₹0.09 million for the quarter ended June 30, 2026, marking a sharp turnaround from a net loss of ₹0.30 million in the previous quarter. The company generated revenue from operations of ₹0.30 million, compared to nil in the corresponding period last year and the immediate prior quarter. This profitability shift signals improved operational efficiency as the firm continues its strategic expansion plans.

The Board of Directors, in a meeting held on July 27, 2026, approved the unaudited financial results reviewed by the Audit Committee. Independent auditors Asha & Associates issued a limited review report with no qualifications, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Rohan Mohan Agarwal certified that the results do not contain any false or misleading statements.

Capital Restructuring and Fundraising

In a move to support long-term growth, the Board approved increasing the authorized share capital from ₹10 crore to ₹60 crore. The new structure comprises 6 crore equity shares of ₹10 each, up from 1 crore shares previously. Additionally, the Board authorized the further issuance of share capital via a right issue or other modes for an aggregate amount not exceeding ₹50 crore. This fundraising initiative is subject to applicable laws and regulatory approvals.

Governance Changes

The Board witnessed significant changes in its composition during the meeting. Mr. Ramanuj Murlinarayan Darak resigned as Independent Director effective July 26, 2026, citing personal reasons. Consequently, he ceased to be Chairperson of the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees.

To fill the vacancy, Mr. Pranshu Poddar was appointed as an Additional Non-Executive Independent Director effective July 27, 2026. Mr. Poddar, who brings experience from Be Swasth Healthcare Limited and ExcelR, has been appointed Chairperson of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee.

Committee Reconstitution

Financial Performance Details

The company’s total expenses stood at ₹0.21 million for the quarter, down from ₹0.30 million in the previous quarter. Employee benefits expense remained stable at ₹0.14 million, while other expenses decreased significantly to ₹0.07 million from ₹0.16 million. There were no investor complaints pending during the quarter, and the company confirmed no deviation in the utilization of IPO proceeds as per Regulation 32 of the SEBI Listing Regulations.

What the Numbers Show

The most notable aspect of this quarter is the drastic reduction in 'other expenses,' which fell by over 50% quarter-on-quarter despite revenue generation beginning. This cost discipline directly contributed to the swing from a ₹0.30 million loss to a ₹0.09 million profit. With the authorization of a substantial capital raise, management appears poised to scale operations, leveraging the improved cost base established in Q1FY26.

ACE Edutrend Ltd has accepted the resignation of Ms. Nidhika Bharti as its Company Secretary & Compliance Officer, effective July 13, 2026. The resignation, tendered due to medical conditions, was accepted after the close of business hours on the said date. Consequently, Ms. Bharti has ceased to be a Key Managerial Personnel (KMP) of the company under the provisions of Section 203 of the Companies Act 2013 and Regulation 30(5) of the SEBI (LODR) Regulations.

The company disclosed that the resignation was submitted on account of personal reasons, with the specific cause cited as medical conditions in the resignation letter. The intimation was filed with BSE Limited in compliance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015. The resignation was communicated by Rohan Mohan Agarwal, Managing Director of ACE Edutrend Ltd.

ACE Edutrend Ltd stated that it is currently in the process of appointing a new Company Secretary & Compliance Officer. The company assured that the details of the new appointment would be communicated to the stock exchange in due course. Until a new appointment is made, the company will proceed with the necessary compliance requirements.

The following table details the information regarding the change in the Key Managerial Personnel:

Ms. Bharti requested the Board to file the necessary forms with the Registrar of Companies, NCT of Delhi, to give effect to her resignation. She expressed her gratitude to the Board and fellow members for the support extended during her tenure as Company Secretary.