Cell Point (India) Limited has appointed Ponnada Gopala Ranga as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 27, 2026. The appointment strengthens the company's financial leadership as it continues its operations in the telecommunications infrastructure sector. Ranga brings extensive experience in financial management, reporting, and compliance to the role.

The Board of Directors approved the appointment at its meeting held on June 27, 2026, following the recommendation of the Nomination and Remuneration Committee. The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the necessary disclosures to the National Stock Exchange of India Limited.

Ponnada Gopala Ranga is a qualified Chartered Accountant and holds a B.com degree. He brings over 29 years of professional experience to Cell Point (India) Limited. His previous tenure includes working with NTPC, where he gained expertise in accounting, financial management, MIS, budgeting, treasury, taxation, compliance, internal control, and audit.

The appointment details were formalized through an annexure submitted to the stock exchanges. Ranga has provided his consent to act as CFO in accordance with Section 203 of the Companies Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. He has also declared that he is not disqualified to hold the position under any applicable laws, regulations, or court orders.

Ranga has confirmed that he has not been convicted of any offense that would impair his ability to perform his duties. Furthermore, he certified that he does not hold any direct or indirect financial, business, or personal interest that conflicts with the interests of the company. He undertook to promptly disclose any potential conflicts of interest that may arise in the future.

The following table summarizes the key details of the appointment:

Cell Point (India) Limited reported a net profit of ₹6.35 lakh for the financial year ended March 31, 2026, a significant decline from ₹226.15 lakh in the previous year. Revenue from operations for the period rose to ₹36,793.36 lakh, compared to ₹32,470.58 lakh in FY25. The company's Board of Directors approved the audited financial results for the half year and year ended March 31, 2026 at a meeting held on May 27, 2026.

Financial Performance

The company's total revenue for FY26 stood at ₹36,851.73 lakh, up from ₹32,625.86 lakh in the previous year. Total expenses increased to ₹36,757.84 lakh from ₹32,579.08 lakh. Profit before tax for the year was ₹93.89 lakh, lower than the ₹281.41 lakh reported in FY25. The basic earnings per share (EPS) for the year dropped to ₹0.034 from ₹1.210 in the prior year.

For the half year ended March 31, 2026, the company reported a net loss of ₹12.73 lakh. Revenue from operations for this period was ₹19,098.82 lakh, while total expenses were ₹19,061.11 lakh.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, were ₹16,910.50 lakh, an increase from ₹13,815.82 lakh in the previous year. Shareholders' funds stood at ₹7,431.74 lakh, slightly up from ₹7,425.39 lakh. Long-term borrowings surged to ₹3,114.95 lakh from ₹89.82 lakh, while short-term borrowings increased to ₹4,595.77 lakh from ₹4,435.62 lakh.

Cash and cash equivalents decreased to ₹592.68 lakh from ₹644.26 lakh at the end of the previous year. Net cash generated from operating activities was ₹123.98 lakh, compared to a net usage of ₹68.85 lakh in FY25. The company invested heavily in fixed assets, with net cash used in investing activities totaling ₹2,753.17 lakh.

Board Approvals and Disclosures

The Board approved the appointment of M/s Sankaran and Krishnan, Chartered Accountants, as internal auditors for the financial year 2026-27. Additionally, the Board considered and approved related party transactions pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure for the half year ended March 31, 2026, was submitted to the exchange.

The statutory auditors, M/s Rao and Kumar, issued an audit report with an unmodified opinion on the standalone financial results. The financial results were prepared in compliance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI Listing Regulations.