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Net profit at Ace Integrated Solutions nreached Rs.65.72 lacs in HY1 FY19-20

Ace Integrated Solutions reported Standalone revenue of Rs.10.41 crore in HY1 FY19-20 whereas last year corresponding period it was Rs.4.21 crore.

Company : Ace Integrated Solutions Limited

In the HY ended 30th September, 2019 Ace Integrated Solutions Limited marked a remarkable rise in both standalone revenue and net profit as compare to a year ago period.

Standalone PAT for the first six months period at Ace Integrated Solutions stands at Rs. Rs.65.72 lacs against Rs.53.68 lacs in a year ago period. PBT for the same period reached Rs.92.89 lacs as compared to Rs.70.90 lacs in the corresponding period last year.

The earnings per share stood at Rs.0.97 inHY1 of FY19-20, whereas preceding year same period it was Rs.0.79.

The standalone financials for the recently concluded year 2018-19 shows revenue of Rs.6.34 crore. PAT stood at Rs.36.01 lacs and PBT was Rs.59.41 lacs.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/9/2019 30/9/2018 2018-2019
Income Statement
Revenue 1015.82 405.23 595.08
Other Income 25.94 16.66 39.03
Total Income 1041.76 421.89 634.11
Expenditure 919.65 319.83 504.25
Finance Cost 5.96 8.01 22.24
PBDT 116.15 94.05 107.62
Depreciation 23.26 23.15 48.21
PBT 92.89 70.9 59.41
Tax 27.17 17.22 23.4
Net Profit 65.72 53.68 36.01
Equity 680.00 680.00 680.00
EPS 0.97 0.79 0.53

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