Supreme Infrastructure India Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Supreme Infrastructure's board approved Q1 financial results, revealing a consolidated net loss of ₹399.91 Cr. The company's accumulated losses now stand at ₹7,190.93 Cr, leading to a full erosion of net worth, and it has defaulted on borrowings. Auditors expressed significant doubt on the company's ability to continue operations. Key concerns include substantial unrecoverable receivables/investments (over ₹2,400 Cr flagged) and the exclusion of material subsidiary financials from consolidated results. Despite these red flags, management holds an optimistic view, citing an NCLT-approved Scheme of Arrangement and expected equity infusion for business continuity.