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Ace Software Exports ‘s Latest Q2 Report: Profit Up by 34.69% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 195.16 % in the past year, substantial increase in net sales/revenue by 10.23 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -84.45 %, Marginal decrease of -38.54% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Ace Software Exports ltd.. Notable increase of 34.15 % in net profit Year to Year, Ace Software Exports ltd.’s profitability increased by 19.35 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -1.90 % Year to Year. EPS increased by 19.08 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Ace Software Exports ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1.983 Cr Rs. 5.31 Cr Rs. 5.853 Cr + 10.23 % + 195.16 %
Expenses Rs. 2.06 Cr Rs. 4.27 Cr Rs. 4.42 Cr + 3.51 % + 114.56 %
Operating Profit Rs. -0.08 Cr Rs. 1.04 Cr Rs. 1.43 Cr + 37.5 % + 1887.5 %
OPM % -4.03 % 19.59 % 24.43 % + 4.84 % + 28.46 %
Other Income Rs. 1.138 Cr Rs. 0.288 Cr Rs. 0.177 Cr -38.54 % -84.45 %
Interest Rs. 0 Cr Rs. 0.08 Cr Rs. 0.15 Cr + 87.5 % 0 %
Depreciation Rs. 0.08 Cr Rs. 0.14 Cr Rs. 0.14 Cr + 0 % + 75 %
Profit before tax Rs. 0.98 Cr Rs. 1.11 Cr Rs. 1.32 Cr + 18.92 % + 34.69 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 0.98 Cr Rs. 1.11 Cr Rs. 1.32 Cr + 18.92 % + 34.69 %
EPS in Rs Rs. 2.1 Rs. 1.73 Rs. 2.06 + 19.08 % -1.9 %


Today, we’re looking at Ace Software Exports ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 195.16 %. However, it did see a marginal increase of 10.23 % from the previous quarter. Expenses ticked up slightly by 3.51 % quarter-on-quarter, aligning with the annual rise of 114.56 %. Operating profit, while up 1887.5 % compared to last year, faced a quarter-on-quarter increase of 37.5 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 28.46 %, but an expansion of 4.84 % sequentially. Other income fell by -38.54 % compared to the last quarter, despite an annual decline of -84.45 %. Interest expenses surged remarkably by 87.5 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 75 %. Profit before tax grew annually by 34.69 % but saw an increase from the preceding quarter by 18.92 %.
Net profit rose by 34.69 % year-on-year but experienced a 18.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.9 % but a quarterly rise of 19.08 %. In summary, Ace Software Exports ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1.983 Cr Rs. 5.31 Cr Rs. 5.853 Cr + 10.23 % + 195.16 %
Expenses Rs. 2.06 Cr Rs. 4.27 Cr Rs. 4.42 Cr + 3.51 % + 114.56 %
Operating Profit Rs. -0.08 Cr Rs. 1.04 Cr Rs. 1.43 Cr + 37.5 % + 1887.5 %
Net Profit Rs. 0.98 Cr Rs. 1.11 Cr Rs. 1.32 Cr + 18.92 % + 34.69 %
EPS in Rs Rs. 2.1 Rs. 1.73 Rs. 2.06 + 19.08 % -1.9 %


In reviewing Ace Software Exports ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 195.16 % year-on-year growth, however, there was a minor increase of 10.23 % from the previous quarter. Expenses rose by 114.56 % compared to the previous year, with a 3.51 % increase quarter-on-quarter. Operating Profit surged by 1887.5 % annually, and saw a 37.5 % increase from the last quarter.
Net Profit showed yearly increase of 34.69 %, and experienced a 18.92 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.9 % annually, however rose by 19.08 % compared to the last quarter. In essence, while Ace Software Exports ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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