The Board at its meeting held today has approved the Unaudited Financial Results for the second quarter and half year ended on 30th September, 2025 which have been subjected to Limited ....
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The Board of E & E Enterprises Ltd approved unaudited financial results for the quarter and half year ended September 30, 2025, which were subjected to a limited review by auditor K K Birla & Co. Q2 total income stood at Rs 25.04 lakhs vs Rs 24.13 lakhs in Q2 FY25, while net profit surged to Rs 16.64 lakhs (vs Rs 4.99 lakhs) with EPS of Rs 6.93 (vs Rs 2.08). H1 FY26 net profit was Rs 32.08 lakhs (vs Rs 28.17 lakhs). Significantly, the company voluntarily surrendered its NBFC Certificate of Registration to RBI in July 2025 and has rebranded to E & E Enterprises Ltd effective October 16, 2025, pivoting its principal business to hospitality (hotels, restaurants, cafes) and real estate. The auditor issued a clean review report with an emphasis-of-matter note flagging the NBFC exit.
This marks a major strategic shift from financial services to hospitality and real estate. While Q2 profit growth looks strong on paper, it is largely driven by interest income on fixed deposits and minimal operating expenses rather than active business revenue (revenue from operations is now zero). Shareholders should track execution of the new business lines and any further capital deployment in the coming quarters.