Cambridge Technology Enterprises Limited has informed the Exchange regarding Board meeting held on May 29, 2025.
CTE · price
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The Board of Cambridge Technology Enterprises Limited approved audited financial results for Q4 and FY ended March 31, 2025, alongside other key decisions. On a consolidated basis, the company swung to a loss, reporting a FY25 loss after tax of Rs. 4,806.21 lakhs versus a profit of Rs. 557.87 lakhs in FY24, with revenue dipping to Rs. 19,892.11 lakhs from Rs. 20,622.75 lakhs. Q4 FY25 was weak too, with a loss after tax of Rs. 623.19 lakhs compared to a profit of Rs. 452.99 lakhs a year ago; basic EPS for the year stood at Rs. (24.48). Total assets shrunk to Rs. 19,603.86 lakhs from Rs. 27,248.88 lakhs, with borrowings also coming down. The Board re-appointed M/s. M. Anandam & Co as internal auditor for FY26 and appointed Mr. Raj Sehgal as an Additional (Non-Executive) Director effective June 15, 2025. The auditor (B R A N D & Associates LLP) issued an unmodified opinion but flagged an emphasis of matter on the valuation of non-current investments in subsidiaries.
Sharp swing from profit to a sizeable consolidated loss in FY25, with significantly negative EPS, is a negative signal for shareholders and likely to pressure the stock. However, the standalone entity remains profitable (Rs. 254.34 lakhs PAT) and borrowings have reduced, suggesting stress is concentrated in overseas subsidiaries rather than the parent's core operations.