E & E Enterprises Limited reported a net loss of ₹6.85 lakh for the quarter ended September 30, 2026 (Q2FY27), compared to a net profit of ₹16.64 lakh in the corresponding quarter last year.

The company logged revenue from operations of ₹5.00 lakh in Q2FY27, a significant shift from zero revenue recorded in Q2FY25. Other income dropped to nil from ₹25.04 lakh in the year-ago period, contributing to the swing in profitability.

Financial Performance Overview

The Board of Directors approved the unaudited financial results on October 21, 2026. The results have been subjected to a limited review by the statutory auditors, K K Birla & Co. The decline in bottom line was primarily driven by the absence of other income and continued depreciation expenses against minimal operational revenue.

Balance Sheet and Cash Flow Highlights

The company's total assets stood at ₹64,300.05 lakh as of September 30, 2026, marginally lower than ₹64,319.43 lakh as of March 31, 2026. Equity share capital remained stable at ₹24.00 lakh.

Cash and cash equivalents decreased to ₹3.98 lakh at the end of the period from ₹9.92 lakh at the beginning of the fiscal year. The net cash used in operating activities for the half-year was ₹3.54 lakh, while financing activities saw an outflow of ₹2.40 lakh due to dividend payments.

What the Numbers Show

A distinct divergence is visible between operational revenue and expense structures. While the company generated its first quarterly operational revenue of ₹5.00 lakh in Q2FY27 after reporting nil revenue in the preceding three quarters, total expenses rose to ₹11.85 lakh. This indicates that current operational income is insufficient to cover fixed costs such as depreciation (₹7.49 lakh) and other expenses (₹4.36 lakh), leading to a pre-tax loss despite the introduction of new business activity.

E & E Enterprises Limited shareholders approved all ordinary and special resolutions proposed at its 85th Annual General Meeting (AGM) held on August 18, 2026. The meeting transacted business including the adoption of audited financial statements for FY26, declaration of a final dividend, and key board appointments.

All resolutions received unanimous support from voting shareholders. A total of 2,04,038 votes were cast in favour across all agenda items, representing 85% of the 2,40,000 outstanding shares. No votes were recorded against any resolution.

Key Resolutions Passed

The AGM covered both ordinary and special business items:

• Adoption of audited financial statements for the fiscal year ended March 31, 2026
• Declaration of final dividend on equity shares for FY26
• Reappointment of Director Sunil Adukia, who retires by rotation
• Reappointment of statutory auditors
• Reappointment of Snehal Parikh as Non-Executive Independent Director
• Confirmation of revised certificate under SEBI Listing Regulations Regulation 45
• Granting authority to make loans and investments under Section 186 of the Companies Act, 2013

Voting Participation

Voting was conducted through remote e-voting facilitated by National Securities Depository Limited (NSDL). The e-voting window ran from August 15, 2026, to August 17, 2026.

Promoter and promoter group shareholders participated fully, casting votes on all their holdings. Among public non-institutional shareholders, approximately 41% of eligible shares were voted. No institutional public shareholders participated in the voting process.

The company had 67 members on the record date, with notices dispatched to all eligible shareholders. The scrutinizer's report was filed pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI Listing Regulations.