Cambridge Technology Enterprises Announces Q2026 Un-Audited Financial Results and Committee Reconstitution
Cambridge Technology Enterprises Limited has released its un-audited financial results for the quarter ended June 30, 2026, alongside updates regarding the reconstitution of its board committees. The Company also disclosed the disposal of its entire investment in a wholly owned subsidiary.Q2 Un-Audited Financial Performance
The company's Board of Directors approved and took note of the un-audited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026. The results reflect both operational performance and significant corporate actions, including the disposal of a subsidiary investment.Key figures from the Un-Audited Financial Results are presented below:
Standalone Financials (Quarter Ended June 30, 2026)
| Particulars | Amount (in Lakhs) |
|---|---|
| Revenue from operations | 13,383 |
| Total Income | 11,605 |
| Profit/(Loss) before tax | 1,334.93 |
| Profit/(Loss) after tax | (103.43) |
| Total comprehensive income attributable to Owners of the parent | (158.23) |
Consolidated Financials (Quarter Ended June 30, 2026)
| Particulars | Amount (in Lakhs) |
|---|---|
| Revenue from operations | 4,992.08 |
| Total Income | 5,318.59 |
| Profit/(Loss) after tax | 105.09 |
| Total comprehensive income attributable to Owners of the parent | 135.18 |
Board Committee Reconstitution
The company announced the reconstitution of its board committees effective August 14, 2026, maintaining governance structure across key groups including Audit and Nomination and Remuneration Committees.Audit Committee Composition
| Status | Name of Director | Designation |
|---|---|---|
| Before Change | Mr. Lalpet Sridhar | Chairperson Non-Executive and Independent Director |
| Mr. Tarakad Narayanan Kannan | Member Non-Executive and Independent Director | |
| Mr. Raj Kumar Sehgal | Member Executive Director - Whole Time Director and CFO | |
| Post Change | Mr. Tarakad Narayanan Kannan | Chairperson Non-Executive and Independent Director |
| Mr. Vivek Kumar Singh | Member Additional (Non-Executive and Independent) Director | |
| Mr. Raj Kumar Sehgal | Member Executive Director - Whole Time Director and CFO |
Nomination and Remuneration Committee Composition
| Status | Name of Director | Designation |
|---|---|---|
| Before Change | Mr. Vivek Kumar Singh | Chairperson Additional (Non-Executive and Independent) Director |
| Mr. Lalpet Sridhar | Member Non-Executive and Independent Director | |
| Ms. Jayalakshmi Kumari Kanukollu | Non-Independent Director & Member Non-Executive | |
| Post Change | Mr. Vivek Kumar Singh | Chairperson Additional (Non-Executive and Independent) Director |
| Mr. Tarakad Narayanan Kannan | Member Non-Executive and Independent Director | |
| Ms. Jayalakshmi Kumari Kanukollu | Member Non-Executive and Non-Independent Director |
Subsidiary Investment Disposal
The company also provided details regarding the disposal of its entire investment in RP Web Apps Private Limited, a wholly owned subsidiary.During the quarter ended June 30, 2026, the Company disposed of its entire investment in RP Web Apps Private Limited for a consideration of Rs. 6,08,800, which represented the face value of its equity shares and was based on a valuation report from an independent merchant banker.
The disposal resulted in a loss of Rs. 2,92,22,400 recognized in the standalone financial statements. The review noted that the subsidiary had a positive net worth of Rs. 3,07,26,760 based on its audited standalone financial statements as at March 31, 2026, which was higher than the consideration received during the sale.
CTE Stock Price Movement
On Friday, shares of Cambridge Technology Enterprises Limited rallied, settling at ₹38.83 after gaining 3.97%. The equity traded within a defined range, reaching a high of ₹39.19 and hitting a low of ₹36.7 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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