ACE ENGITECH LIMITED Reports Revenue Growth Amid Continued Losses in Q1 FY2026
Ace Engitech (BSE: 530669) released Q1 FY2026 results, showing revenue of ₹0.21 lakhs compared to nil in Q1 FY2025. Net loss improved slightly to ₹0.72 lakhs from ₹0.79 lakhs year-over-year. EPS worsened to -₹0.55. Paid-up Equity Share Capital decreased to ₹85.89 from ₹330.34, while negative reserves improved to -₹82.44 from -₹264.87. Auditors found no issues with the financial results presentation.
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Ace Engitech , listed on the Bombay Stock Exchange (BSE: 530669), has released its unaudited financial results for the first quarter ended June 30, 2025. The Board of Directors approved the standalone results on August 4, 2025, revealing a mixed financial performance for the company.
Revenue Growth
Ace Engitech reported a total income from operations of ₹0.21 lakhs for the quarter, compared to nil revenue in the same quarter of the previous year. This marks a positive shift in the company's top-line performance, indicating some business activity during the period.
Continued Losses
Despite the revenue growth, the company continues to face financial challenges:
- Net loss for the quarter stood at ₹0.72 lakhs, a slight improvement from the loss of ₹0.79 lakhs in the corresponding period last year.
- Earnings per share (EPS) deteriorated to -₹0.55, compared to -₹0.14 in the previous year's quarter.
Balance Sheet Changes
The financial position of Ace Engitech has undergone significant changes:
| Particulars | June 30, 2025 | June 30, 2024 |
|---|---|---|
| Paid-up Equity Share Capital | ₹85.89 | ₹330.34 |
| Reserves | -₹82.44 | -₹264.87 |
The substantial reduction in paid-up equity share capital and the improvement in the negative reserves position suggest a potential restructuring or capital reduction exercise by the company.
Auditor's Review
Rajvanshi & Associates, the company's auditors, conducted a limited review of the financial results. In their report, they stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.
Management Commentary
The financial results were approved in a Board of Directors meeting that commenced at 12:00 Noon and concluded at 03:30 P.M. on August 4, 2025. Dinesh Bohra, the Managing Director of Ace Engitech, signed off on the results.
Investors and stakeholders can access the detailed financial results on the BSE website ( www.bseindia.com ) and the company's official website ( www.aceengitech.com ).
As Ace Engitech navigates through its financial challenges, the marginal improvement in its loss position and the generation of revenue provide a glimmer of hope. However, the company will need to focus on sustained revenue growth and cost management to turn its fortunes around in the coming quarters.
Historical Stock Returns for Ace Engitech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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