|
|
|
|
|
|
|
|
|
|
| Ace Software
Exports Limited |
|
| Regd. Office :
801, Everest, Opp. Shastri Maidan, Rajkot - 360 001 |
|
|
|
|
|
|
|
|
|
| UNAUDITED
FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER, 2010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs.In Lacs) |
|
| Sr. |
Particulars |
Quarter |
Quarter |
Nine Months |
Nine Months |
Year Ended |
|
| No. |
|
Ended |
Ended |
Ended |
Ended |
|
|
| |
|
31-12-2010 |
31-12-2009 |
31-12-2010 |
31-12-2009 |
31-03-2010 |
|
| |
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
| |
|
|
|
|
|
|
|
| 1 |
Income From
Operations |
55.49 |
29.39 |
136.35 |
134.26 |
189.20 |
|
| 2 |
Expenditure |
|
|
|
|
|
|
| |
a.
(Increase)/Decrease in Stock |
2.08
|
(18.04) |
(9.74) |
(9.27) |
12.47
|
|
| |
b.
Software Charges |
49.71 |
46.11 |
127.59 |
127.98 |
157.07 |
|
| |
c.
Staff Cost |
8.77 |
5.75 |
24.41 |
15.95 |
22.43 |
|
| |
d.
Depreciation |
2.48 |
2.31 |
7.21 |
6.86 |
9.16 |
|
| |
e.
Other Expenditure |
24.54 |
20.61 |
60.68 |
53.43 |
73.38 |
|
| |
f.
TOTAL |
87.58 |
56.74 |
210.15 |
194.95 |
274.51 |
|
| 3 |
Profit from
Operations before Other Income, |
|
|
|
|
|
|
| |
Interest and
Exceptional Items ( 1-2 ) |
(32.09) |
(27.35) |
(73.80) |
(60.69) |
(85.31) |
|
| 4 |
Other Income |
13.13 |
21.28 |
121.64 |
48.94 |
65.36 |
|
| 5 |
Profit before Interest and Exceptional Items
( 3+4 ) |
(18.96) |
(6.07) |
47.84 |
(11.75) |
(19.95) |
|
| 6 |
Interest |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
| 7 |
Profit after Interest but before Exceptional
Items ( 5-6 ) |
(18.96) |
(6.07) |
47.84 |
(11.75) |
(19.95) |
|
| 8 |
Exceptional
Items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
| 9 |
Profit From
Ordinary Activities before Tax ( 7+8 ) |
(18.96) |
(6.07) |
47.84 |
(11.75) |
(19.95) |
|
| 10 |
Tax Expenses |
- |
- |
- |
- |
- |
|
| 11 |
Net Profit From
Ordinary Activities after Tax ( 9-10 ) |
(18.96) |
(6.07) |
47.84 |
(11.75) |
(19.95) |
|
| 12 |
Extraordinary
Items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
| 13 |
Net Profit for
the period ( 11-12 ) |
(18.96) |
(6.07) |
47.84 |
(11.75) |
(19.95) |
|
| 14 |
Paid up Equity
Share Capital |
468.00 |
468.00 |
468.00 |
468.00 |
468.00 |
|
| |
(Face Value
of Share Rs. 10 each ) |
|
|
|
|
|
|
| 15 |
Reserves
Excluding Revaluation Reserves |
|
|
|
|
886.53 |
|
| 16 |
Earnings per
Share ( EPS ) |
|
|
|
|
|
|
| |
Diluted EPS for
the Period |
|
|
|
|
|
|
| |
( a ) Basic
& Diluted EPS before extraordinary items |
(0.41) |
(0.13) |
1.02 |
(0.25) |
(0.43) |
|
| |
( b ) Basic
& Diluted EPS after extraordinary items |
(0.41) |
(0.13) |
1.02 |
(0.25) |
(0.43) |
|
| 17 |
Public
Shareholding |
|
|
|
|
|
|
| |
(a) No. of
Shares |
1792019 |
1842269 |
1792019 |
1842269 |
1854157 |
|
| |
(b) Percentage
of shareholding |
38.29% |
39.36% |
38.29% |
39.36% |
39.62% |
|
| 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 |
2887981 |
2837731 |
2887981 |
2837731 |
2825843 |
|
| |
-Percentage of
shares (as a % of the total shareholding |
|
|
|
|
|
|
| |
of promoter and
promoter group) |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
|
| |
-Percentage of
shares (as a% of the total share capital |
61.71% |
60.64% |
61.71% |
60.64% |
60.38% |
|
| |
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 February
10, 2011 |
|
|
|
|
| (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 31st December, 2010. |
|
|
|
| (5) The
statutory Auditors of the company have carried out a Limited Review of
the Accounts for the Quarter |
|
|
| ended on 31st December, 2010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Place : Rajkot |
|
|
For and on behalf of the Board |
|
| Date : 10-02-2011 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vikram B. Sanghani |
|
|
|
|
|
|
Jt. Managing Director |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|