E2E Networks Board Approves Audited Results, Recommends 1:10 Stock Split
E2E Networks' Board approved Q4 and FY26 audited results. The company reported Q4 FY26 revenue of ₹956.42 Lakhs and FY26 revenue of ₹2,455.80 Lakhs. A 1:10 stock split was approved, sub-dividing ₹10 shares into ₹1 shares to boost liquidity. Shareholder approval will be sought via postal ballot.
The stock split, while positive, is a corporate action that doesn't immediately change the company's fundamentals. The financial results show mixed performance with strong revenue but a net loss for the full year, indicating a moderate impact.
The company reported strong year-on-year revenue growth for the quarter and full year, and the approval of a stock split is generally viewed positively by the market as it can increase share liquidity and attract more retail investors.
E2E Networks Limited announced the outcome of its Board Meeting held on April 20, 2026. The Board approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. A significant decision was the approval of a stock split proposal, where each existing Equity Share of ₹10 face value will be sub-divided into 10 Equity Shares of ₹1 face value each. The Company also approved the Notice of Postal Ballot to seek shareholder approval for this sub-division and other related matters. The Board meeting commenced at 2:00 P.M. and concluded at 03:25 P.M. The audited financial results show revenue from operations for the quarter ended March 31, 2026, at ₹956.42 Lakhs, a significant increase year-on-year. For the full financial year ended March 31, 2026, revenue from operations stood at ₹2,455.80 Lakhs. The company also reported a Profit After Tax of ₹643.56 Lakhs for the quarter and a loss of ₹1,556.59 Lakhs for the full year. The stock split aims to enhance liquidity and affordability for retail investors. The record date for the stock split will be notified in due course.
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E2E Networks Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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