Supreme Engineering Posts Q1 FY26 Loss of ₹0.73 Crore, Net Worth Negative
Supreme Engineering Limited announced its un-audited standalone financial results for the first quarter ended June 30, 2025. The company reported a total revenue of ₹86.41 crore and a net loss of ₹0.7...
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Why is Supreme Engineering Limited in the news today?
Supreme Engineering Limited (SUPREMEENG) is in the news due to the company reported a net loss, has a negative net worth, and faces significant compliance issues and financial distress, indicating a negative financial outlook.
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Supreme Engineering Posts Q1 FY26 Loss of ₹0.73 Crore, Net Worth Negative
December 18, 2025, 11:38 AM
Supreme Engineering Limited announced its un-audited standalone financial results for the first quarter ended June 30, 2025. The company reported a total revenue of ₹86.41 crore and a net loss of ₹0.73 crore for the quarter. The company's current liabilities exceeded its total assets, resulting in a negative net worth.
The Board Meeting, held on December 18, 2025, commenced at 4:00 p.m. and concluded at 4:40 p.m., during which these financial results were considered and approved.
The company faces significant challenges, including a secured loan account that turned NPA on August 19, 2021, with ongoing non-servicing of borrowings. The auditor's report highlights several non-compliances, such as unfiled income tax returns, unpaid statutory dues, and the absence of a Company Secretary. Furthermore, the company has not conducted cost audits or internal audits as required by the Companies Act, 2013. Despite these adverse conditions, the management believes that accounting on a going concern basis is appropriate due to ongoing loan restructuring and exploration of fund infusion, preferential allotment, and asset monetization options. A preliminary deposit has been made with bankers for a One Time Settlement Plan.
The financial results were reviewed by M/s Rushabh Davda and Associates, Chartered Accountants.
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