Board approves Senior Management Personnel appointments; also clears director and company secretary changes
Board approved the appointment of Sai Pratyush (Vice President - Strategy) and Vaibhav Ambradkar (General Manager - Customer Experience Group) as Senior Management Personnel, effective October 22, 2026.
By ScoutQuest · · 2 min read
- Revenue from operations (Q2)
- Rs. 309.65 crore
- Loss after tax (Q2)
- Rs. 59.20 crore
- Net worth
- negative Rs. 18,932.69 crore
Board decisions
The board approved the appointment of Mr Sai Pratyush, Vice President - Strategy, and Mr Vaibhav Ambradkar, General Manager - Customer Experience Group, as Senior Management Personnel with effect from October 22, 2026. It also approved the appointment of Mr Gaurav Gupta as an Additional Director (Non-Executive and Non-Independent) with effect from October 23, 2026, subject to approval by the shareholders. Ms Sweety Mamodia was approved as Company Secretary and Compliance Officer with effect from November 1, 2026, and will also be a Key Managerial Personnel.
Financial results
The board considered and approved the audited financial results for the quarter and half year ended September 30, 2026, with an unmodified audit opinion from Price Waterhouse Chartered Accountants LLP. For Q2, revenue from operations was Rs. 309.65 crore and EBITDA was Rs. 164.61 crore. Loss after tax was Rs. 59.20 crore for the quarter and Rs. 131.35 crore for the half year.
Balance sheet and funding
Net worth was negative Rs. 18,932.69 crore. Current liabilities were Rs. 16,567.89 crore against current assets of Rs. 247.29 crore. Commercial papers outstanding were Rs. 1,505 crore. The notes state that accumulated losses have exceeded paid-up capital and reserves, and current liabilities exceed current assets; the company says it has a support letter from its Ultimate Holding Company and is confident of meeting its fund requirements and continuing as a going concern.
What investors can track
The management appointments fill senior roles and are board-level decisions; the director appointment needs shareholder approval. The results show a loss and a negative net worth, while the company points to support from its Ultimate Holding Company for its funding needs. Investors can track the shareholder approval for the director appointment and the company's funding position.
Also from Tata Teleservices (Maharashtra)
Board appoints Sweety Mamodia as Company Secretary and Compliance Officer from November 1, 2026
22 Oct 2026
Standalone results for the September 30, 2026 (Audited)
22 Oct 2026
Board meeting on October 22, 2026 to consider and approve audited Q2 and half year results
15 Oct 2026
More numbers
- Revenue from operations, Q2 (Rs. crore)309.65
- EBITDA, Q2 (Rs. crore)164.61
- Loss after tax, Q2 (Rs. crore)(59.20)
- Loss after tax, half year (Rs. crore)(131.35)
- Net worth (Rs. crore)(18,932.69)
- Current liabilities (Rs. crore)16,567.89
- Current assets (Rs. crore)247.29
- Commercial papers outstanding (Rs. crore)Rs. 1,505 Crores
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