Mumbai: Ace Software Exports Limited reported a standalone net profit of ₹88.26 lakh for the September quarter of FY27, alongside a proposed acquisition in the United Kingdom aimed at expanding its business interests. The company also announced decisions concerning partly paid-up equity shares, including a final call for outstanding share capital.
Quarterly Earnings
Revenue from operations stood at ₹402.72 lakh during the July–September quarter, while total income reached ₹444.21 lakh. The company reported a standalone net profit of ₹88.26 lakh, reflecting its earnings performance during Q2 FY27. However, comparative figures for the corresponding quarter last year were not provided in the disclosed information.
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For the six months ended September 30, 2026, Ace Software Exports recorded revenue from operations of ₹756.34 lakh. Standalone net profit for H1 FY27 stood at ₹172.24 lakh, highlighting the company's cumulative earnings during the first half.
UK Acquisition
The board approved an agreement to acquire 361 equity shares of UK-based MyUtilityGenius Limited for £151,652.38. The proposed transaction involves a combination of cash consideration and a share swap. As part of the arrangement, Ace Software Exports plans to issue 72,820 equity shares on a preferential basis at ₹238 per share. The acquisition represents a proposed international business expansion, subject to applicable transaction requirements.
Share Capital
The board also approved a second and final call of ₹30.25 per partly paid-up equity share. A reminder notice will be issued for the outstanding first call amount of ₹30.25 per share. The record date has been fixed for November 20, 2026.
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Shareholders must make the applicable payment between November 27 and December 11, 2026. The company will proceed with the announced capital-related formalities according to the prescribed schedule.
Disclaimer: This report is based on company exchange disclosures and is intended for informational purposes only, not investment advice.
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