Ace Software Exports Limited
Regd. Office : 801, Everest, Opp. Shastri Maidan, Rajkot - 360 001
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2005
(Rs.In Lacs)
Sr. Particulars Quarter  Quarter  Quarter Nine Months Half year Nine Months Year Ended
No.   Ended Ended Ended  Ended Ended Ended  
    30-06-2005 30-06-2004 31-03-2001 31-12-2001 30-9-2001 31-12-2000 31-03-2005
    (Unaudited) (Unaudited)         (Audited)
         
1 Income From Operations 122.76                   144.73 131.38 418.97 266.69 423.15                    590.75
2 Other Income 5.84                     10.85 3.20 20.00 13.30 7.55                      34.56
3 Total Expenditure              
     (A) (Increase)/Decrease in Stock (17.80)                     19.71 (16.30) 62.60 33.02 35.44                      32.24
     (B) Contract Charges 28.71                     30.69 26.38 57.80 39.70 95.32                    135.14
     (C) Software Charges 48.55                     40.18 25.51 108.51 71.84 54.68                    151.27
     (D) Staff Cost 14.06                       9.58 11.49 25.71 17.72 25.32                      45.49
     (E) Other Expenditure 30.54                     25.95 26.80 67.69 44.72 61.01                    124.03
4 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5 Depreciation & other w/off 8.57                     13.69 12.04 37.53 24.22 35.47                      32.36
6 Profit Before Tax                   15.97                     15.78 48.66 79.13 48.77 123.46                    104.78
7 Provision For Taxation*     0.00 0.00 0.00 0.00  
  - Current 0.00 0.00           -             -             -             -                          3.00
  - Deferred 0.00 0.00           -             -             -             -                          8.93
8 Net Profit After Tax                   15.97                     15.78 48.66 79.13 48.77 123.46                      92.85
9 Paid up Equity Share Capital 512.17                   523.27 500.00 500.00 500.00 500.00                    512.17
  (Face Value per Share in Rs.) 10.00                     10.00 10.00 10.00 10.00 10.00                      10.00
10 Reserves Excluding Revaluation              
  Reserves              600.77
11 Basic EPS for the Period 0.31 0.30 0.97 1.58 0.98 2.47 1.81
  Diluted EPS for the Period 0.00 0.00         1.80
12 Segment Capital Employed 1128.94 1080.54         1112.94
13 Aggregate of non-promoter              
  share holding              
  (a) No. of Shares 2389401.00               2,495,920 2,968,075 2,968,075 2,968,075 2,968,075 2,389,401
  (b) Percentage of shareholding 46.65% 47.70%         46.65%
Notes : 
(1) The above results were reviewed by the Audit Committee and thereafter the same were approved and 
       taken on record at the meeting of the Board of  Directors held on July 30, 2005
(2) The above figures have been regrouped, rearranged wherever necessary.
(3) The Company's operations fall under single segment namely " Computer Software and Services Exports".
(4)  There were no investor complaints pending on 01/04/2005 & 2 complaints were received during the 
      Quarter ended 30th June,2005 which were duly attended to.
(5) The statutory Auditors of the company have carried out a Limited Review of the  Accounts for the Quarter  
     ended on 30th June,2005
*     Provision for tax,if any,shall be made at the year end.
        For and on behalf of the Board
Place : Rajkot Vikram B.Sanghani
Date   : 30-07-2005      Jt. Managing Director
 
 
 
   
   
 
c:\parag\acct\ace_result