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Supreme Engineering Limited announced the outcome of its Board Meeting held on January 02, 2026. The Board considered and approved the Un-audited Standalone Financial Results for the Second quarter and half year ended September 30, 2025.

The Board Meeting commenced at 5:00 p.m. and concluded at 5:30 p.m. The financial statements, prepared in accordance with Indian Accounting Standards (Ind AS 34), were reviewed by M/s Rushabh Davda and Associates Chartered Accountants.

The company reported a loss for the quarter ended September 30, 2025, with total revenue of ₹535.95 lakhs and total expenses of ₹622.15 lakhs, resulting in a loss before tax of ₹86.20 lakhs. The company's current liabilities exceeded its total assets, leading to a negative net worth. Management believes the going concern basis is appropriate due to ongoing loan restructuring and exploration of fund infusion and asset monetization options.

The limited review report highlighted several concerns, including non-compliance with statutory filings (Income Tax Act), non-payment of statutory dues like TDS and PF, lack of a Company Secretary, long-outstanding trade receivables and payables, and the absence of cost and internal audits for certain periods. A secured loan account was classified as NPA on August 19, 2021, with ongoing losses and a negative net worth, raising doubts about the company's ability to continue as a going concern. The company is pursuing loan restructuring, fund infusion, and asset monetization.