Annual loss, qualified audit and going-concern uncertainty
SUPREMEENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Audited results for the year ended 31 March 2025 show total income of Rs 1,742.30 lakh, down from the prior year, and a net loss of Rs 1,180.99 lakh. Loss per share was Rs 0.47 and net worth was negative Rs 8,889.95 lakh. The auditor gave a qualified opinion and highlighted a risk to future operations because a secured loan has been non-performing since 2021 and liabilities exceed assets. Audit issues included unverified balances and inventory.
Negative equity, loan default and audit issues signal high distress and restructuring or fund-raising risk, keeping the stock outlook negative.