Supreme Engineering FY26 results: loss narrows but qualified audit opinion issued
SUPREMEENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Supreme Engineering reported FY26 total income of about 2,529 lakhs and net loss of 60 lakhs, narrower than the 118 lakh loss in FY25. Auditor issued a qualified opinion citing non-compliance with tax, cost and internal audit rules, unpaid statutory dues, missing Company Secretary, and unverifiable inventory valuation. Secured loans remain classified as NPA since August 2021; lender approved a one-time settlement after year-end. Net worth is deeply negative at minus 8,943 lakhs. Going concern basis deemed appropriate by management.
Negative signals from qualified opinion and deeply negative net worth, partly offset by loan settlement approval and narrower loss.