Computer Point Limited reported a net profit of ₹1.19 lakh for the financial year ended March 31, 2026, marking a turnaround from the net loss of ₹11.63 lakh recorded in FY25.

The Kolkata-based IT education and services firm posted total income of ₹133.59 lakh, down from ₹139.94 lakh in the previous year. Profit before tax stood at ₹1.40 lakh, compared to ₹1.66 lakh in FY25.

Financial Performance

The company’s revenue structure relies entirely on non-operating income, with no revenue from operations recorded in either FY26 or FY25. Total expenditure decreased to ₹132.19 lakh from ₹138.27 lakh in the prior period.

The improvement in net profit was primarily driven by a significant reduction in tax expense. Current tax for FY26 was ₹0.21 lakh, compared to ₹0.36 lakh in FY25. Crucially, the company avoided the ₹12.94 lakh provision for income tax of earlier years that weighed on the bottom line in FY25.

What the Numbers Show

The company’s financial profile is dominated by interest income rather than core business operations. Interest income accounted for ₹133.59 lakh of the total ₹133.59 lakh income, representing 100% of the top line. This indicates that the entity is currently functioning as a holding or investment vehicle where cash deployment generates returns that cover operating costs and yield a marginal profit.

Balance Sheet and Cash Flow

As of March 31, 2026, total assets stood at ₹3,343.16 lakh, marginally lower than ₹3,351.81 lakh in the prior year. The balance sheet is heavily weighted toward current assets, particularly loans amounting to ₹2,160.10 lakh and trade receivables of ₹590.60 lakh.

Cash and cash equivalents declined to ₹34.86 lakh from ₹59.50 lakh. The cash flow statement reveals that operating activities consumed ₹158.23 lakh, while investing activities generated ₹133.59 lakh through interest receipts. This dynamic suggests the company is using interest inflows to service operational outflows, resulting in a net decrease in cash balances.

Corporate Governance and AGM

The Board did not recommend any dividend for FY26 to maintain capital adequacy for long-term growth. No amounts were transferred to reserves; the entire profit was carried forward to the Profit & Loss Account.

The 41st Annual General Meeting is scheduled for September 29, 2026, at the company’s registered office in Kolkata. Key agenda items include the reappointment of Mohan Kha as a director retiring by rotation and the appointment of Puja Verma and Sanjay Rawka as independent directors.

Computer Point reported a net loss of ₹12.33 lakh for the first quarter ended June 30, 2026, widening from a loss of ₹11.63 lakh in the corresponding period of FY25. The company’s total revenue for the quarter stood at ₹8.79 lakh, with no income generated from core operations. All revenue came from other income sources, highlighting a continued reliance on non-operational cash flows during the period.

The Board of Directors approved the unaudited financial results at a meeting held on August 12, 2026. The figures were reviewed by the Audit Committee on the same date and subsequently verified by the independent chartered accountants, Arun Jain & Associates. The firm issued a limited review report stating that nothing came to their attention to suggest material misstatement in the financial statements prepared in accordance with applicable accounting standards.

Financial Performance

Computer Point’s operational income remained at nil for the quarter, consistent with the prior year period. The company recorded other income of ₹8.79 lakh, down significantly from ₹121.45 lakh in the immediately preceding quarter (Q4FY26) but up from ₹0.94 lakh in Q1FY25.

Total expenditure for the quarter was ₹21.12 lakh, driven primarily by employee benefit expenses of ₹8.90 lakh and other expenses of ₹11.99 lakh. Depreciation charges were minimal at ₹0.23 lakh. The company incurred no interest or financial charges during the period.

What the Numbers Show

A critical observation from the filing is the complete absence of operating income alongside rising fixed costs. While total revenue increased eight-fold year-on-year due to higher other income, this growth did not offset the increase in total expenditure, which rose by 68% to ₹21.12 lakh. Employee benefit expenses more than doubled from ₹4.22 lakh in Q1FY26 to ₹8.90 lakh in Q1FY27, suggesting an expansion in headcount or compensation costs despite the lack of operational revenue generation. This divergence indicates that cost structures are scaling independently of core business activity.

Corporate Governance

The company operates under a one-board management system, exempting it from segment reporting requirements. The paid-up equity share capital remained unchanged at ₹3,000.13 lakh. Earnings per share (basic and diluted) were negative ₹0.00 for the quarter. The financial statements reflect no exceptional or extraordinary items, and no tax provisions were made due to the loss position.