E & E Enterprises Limited (formerly The Swastik Safe Deposit & Investments Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging quarter amid significant business transformation. The company reported a net loss of ₹5.03 lakhs for Q3FY26, contrasting sharply with the profit of ₹15.63 lakhs achieved in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for the quarter reflects the impact of its strategic business pivot. Total income declined substantially to ₹4.04 lakhs in Q3FY26 from ₹27.75 lakhs in Q3FY25, representing an 85.44% decrease year-on-year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, E & E Enterprises demonstrated relatively better performance despite the business transition challenges. The company recorded a net profit of ₹27.05 lakhs compared to ₹43.80 lakhs in the corresponding period of the previous year.

Major Business Transformation

The company underwent a significant strategic transformation during the reporting period. E & E Enterprises voluntarily surrendered its Certificate of Registration as a Non-Banking Financial Company to the Reserve Bank of India, which was officially cancelled through RBI's order dated July 24, 2025. Following this development, the company amended its Memorandum of Association to reflect new business objectives.

The company's new principal business activities include acquiring, promoting, and managing hotels, restaurants, cafes, rest houses, and dealing in movable and immovable properties for development, investment, leasing, or resale.

Earnings Per Share and Capital Structure

The company's earnings per share reflected the quarterly loss, with basic and diluted EPS of (₹2.10) for Q3FY26 compared to ₹6.51 in Q3FY25. For the nine-month period, EPS stood at ₹11.27 versus ₹18.25 in the previous year. The paid-up equity share capital remained stable at ₹24.00 lakhs with a face value of ₹10 per share.

Operational Expenses and New Business Income

The company's expense structure showed an increase in total expenses to ₹10.97 lakhs in Q3FY26 from ₹10.42 lakhs in Q3FY25. Notably, the company recorded depreciation and amortisation expense of ₹7.03 lakhs in the current quarter, which was absent in the previous year quarter. Other expenses decreased to ₹3.94 lakhs from ₹10.42 lakhs year-on-year. The financial results indicate that E & E Enterprises is in the early stages of establishing its new business operations in the hospitality and real estate sectors, with the current quarter's performance reflecting transition-related challenges and initial investment requirements.

Swastik Safe Deposit & Investments , now known as E & E Enterprises Limited, has reported a significant increase in net profit for the second quarter of the financial year 2025-26. The company, which recently exited the Non-Banking Financial Company (NBFC) sector, is now focusing on new business ventures in the hospitality and real estate sectors.

Financial Performance

For the quarter ended September 30, 2025, E & E Enterprises reported the following financial results:

The company's net profit saw a remarkable year-on-year increase of 233.47%, rising from Rs. 4.99 lakhs in Q2 FY2024-25 to Rs. 16.64 lakhs in Q2 FY2025-26. This substantial growth in profitability was primarily driven by a significant reduction in expenses, which decreased by 55.85% compared to the same quarter last year.

Half-Year Performance

For the half-year ended September 30, 2025, E & E Enterprises reported:

• Total income of Rs. 50.39 lakhs, compared to Rs. 44.71 lakhs in the previous year
• Net profit after tax of Rs. 32.08 lakhs, up from Rs. 28.17 lakhs in the corresponding period last year

Business Transition

E & E Enterprises has undergone a significant transformation in its business model. Key developments include:

1. Voluntary surrender of its Certificate of Registration (CoR) as an NBFC to the Reserve Bank of India (RBI)
2. RBI's cancellation of the CoR on July 24, 2025
3. Amendment of the company's Memorandum of Association (MOA) and Articles of Association (AOA) to reflect new business objectives
4. Change of company name from The Swastik Safe Deposit & Investments Limited to E & E Enterprises Limited, effective October 16, 2025

New Business Focus

The company has pivoted its business focus towards the hospitality and real estate sectors. Its new objectives include:

• Acquiring, managing, and operating hotels, restaurants, cafes, and rest houses
• Dealing in movable and immovable properties for development, investment, leasing, or resale

Financial Position

As of September 30, 2025, E & E Enterprises reported:

• Total assets of Rs. 64,333.66 lakhs
• Equity share capital of Rs. 24.00 lakhs
• Other equity of Rs. 64,309.06 lakhs

The company's strong financial position provides a solid foundation for its new business ventures in the hospitality and real estate sectors.

E & E Enterprises Limited's transition from an NBFC to a hospitality and real estate-focused company, coupled with its impressive financial performance, signals a new chapter in the company's history. As the company navigates this strategic shift, investors and stakeholders will be keenly watching how it leverages its strong financial position to establish itself in its new business domains.