Cambridge Technology Enterprises Limited has published its audited financial results for the quarter and financial year ended March 31, 2026, via a Quick Response (QR) Code in newspapers on June 01, 2026. The company reported a consolidated net profit of ₹673.15 crore for FY26, compared to ₹666.72 crore in the previous year. Total income for the year stood at ₹24,916.37 crore, while net profit for the quarter ended March 31, 2026, was ₹271.67 crore. The results were approved by the Board at its meeting held on May 30, 2026.

Financial Performance

The audited financial results, including the Statutory Audit Report, are accessible to stakeholders through the QR code published in the Financial Express and Andhra Prabha. The consolidated financial statements show that the company’s basic and diluted earnings per share (EPS) for FY26 was ₹0.62, remaining flat year-on-year. The standalone net profit for the year was ₹1,070.12 crore, with total income recorded at ₹24,834.93 crore.

Governance and Compliance

The Board acknowledged the Statutory Audit Report submitted by M/s. B R A N D & Associates LLP, Statutory Auditors. Additionally, the Board approved the appointment of Mr. Vivek Kumar Singh as an Additional (Non-Executive and Independent) Director, subject to shareholder approval, and accepted the resignation of Mr. Sreenivas Medepalli effective May 08, 2026. The Nomination and Remuneration Committee was reconstituted effective May 30, 2026, and M/s. Aggarwal Monika & Co., Chartered Accountants, were appointed as the Internal Auditor for FY26-27.

Subsidiary Restructuring

The Board approved the divestment of 100% shareholding in CT Asia SDN. BHD., Malaysia, a step-down subsidiary, to rationalize the subsidiary structure. The company also approved the assignment of a loan extended to FA Software Services Private Limited to an RBI-registered NBFC and the write-off of the balance amount, subject to shareholder approval. Furthermore, the Board approved the transfer of 100% shareholding in AppShark Software Inc., USA to Cambridge Technology Inc., USA via a share swap, subject to shareholder approval under Section 186 of the Companies Act, 2013. The merger of step-down subsidiary Cambridge Innovation Capital LLC., USA into Cambridge Technology Inc., USA was also approved to consolidate the Group's US subsidiary structure.

Cambridge Technology Enterprises has appointed Mr. Vivek Kumar Singh as an Additional (Non-Executive and Independent) Director, effective May 30, 2026, subject to the approval of shareholders. The appointment follows the resignation of Mr. Sreenivas Medepalli as Non-Executive and Independent Director, effective from the close of business hours on May 08, 2026. The Board accepted Mr. Medepalli's resignation and recorded its appreciation for his contributions. These changes were approved during the Board meeting held on May 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Vivek Kumar Singh brings over 16 years of experience in corporate finance and investment banking. He is currently the Managing Partner at Singhbanc Capital, a boutique investment banking and corporate finance advisory firm. His expertise includes capital raising, IPO advisory, corporate restructuring, and strategic partnerships, with a focus on the technology sector. He holds an MBA in Finance from ICFAI Business School and is certified in Banking, Corporate Finance, and Securities Laws (JAIIB). The company confirmed that Mr. Singh is not related to any of the existing Directors and is not debarred from holding the office of Director by any SEBI order.

Key Director Changes