Ace Software Exports Limited
Regd. Office : 801, Everest, Opp. Shastri Maidan, Rajkot - 360 001
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2009
Sr. Particulars Quarter  Quarter  Year Ended
No.   Ended Ended  
    30-Jun-09 30-Jun-08 31-Mar-09
    (Unaudited) (Unaudited) (Audited)
         
1 Income From Operations 55.67 40.87 268.58
2 Expenditure      
     a.    (Increase)/Decrease in Stock 2.71 (27.04) (18.39)
     b.    Software Charges 44.26 43.27 189.00
     c.    Staff Cost 5.08 5.55 17.04
     d.    Depreciation 2.26 2.39 8.93
     e.    Other Expenditure 16.29 23.17 140.41
     g.    TOTAL  70.60 47.34 336.99
3 Profit from Operations before Other Income,       
  Interest and Exceptional Items ( 1-2 ) (14.93) (6.47) (68.41)
4 Other Income 14.98 14.06 120.28
5  Profit before Interest and Exceptional Items ( 3+4 ) 0.05 7.59 51.87
6 Interest 0.00 0.00 0.00
7  Profit after Interest but before Exceptional Items ( 5-6 )            0.05            7.59          51.87
8 Exceptional Items 0.00 0.00 0.00
9 Profit From Ordinary Activities before Tax ( 7+8 )            0.05            7.59          51.87
10 Tax Expenses 0.00            0.03            2.72
11 Net Profit From Ordinary Activities after Tax ( 9-10 )            0.05            7.56          49.15
12 Extraordinary Items 0.00 0.00 0.00
13 Net Profit for the period ( 11-12 )            0.05            7.56          49.15
14 Paid up Equity Share Capital         468.00         468.00        468.00
  (Face Value of  Share Rs. 10 each )      
15 Reserves Excluding Revaluation Reserves      
16 Earnings per Share ( EPS )      
  Diluted EPS for the Period      
  ( a ) Basic & Diluted EPS before extraordinary items   0.00 0.16 1.05
  ( b ) Basic & Diluted EPS after extraordinary items   0.00 0.16 1.05
17 Public Shareholding      
  (a) No. of Shares 1899993 2003175 1951874
  (b) Percentage of shareholding 40.60% 42.80% 41.71%
18 Promoters and promoter group Shareholding      
  a) Pledged/Encumbered      
  -Number of Shares - - -
  -Percentage of shares (as a % of the total shareholding - - -
  of promoter and promoter group)      
  -Percentage of shares (as a% of the total share capital - - -
  of the company)      
  b) Non-encumbered      
  -Number of Shares 2780007 2676825 2728126
  -Percentage of shares (as a % of the total shareholding      
  of promoter and promoter group) 100.00% 100.00% 100.00%
  -Percentage of shares (as a% of the total share capital 59.40% 57.20% 58.29%
  of the company)      
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 31, 2009
(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 received or pending for the quarter ended 30th June, 2009.
(5) The statutory Auditors of the company have carried out a Limited Review of the  Accounts for the Quarter  
     ended on 30th June, 2009
Place : Rajkot For and on behalf of the Board
Date   : 31-07-2009
Vikram B.Sanghani
Jt. Managing Director