Supra Trends Limited Reports Consolidated Net Loss of Rs 35.10 Crore in Q1
Supra Trends, a diversified company in food specialties and hospitality, announced Q1 financial results with a consolidated net loss of Rs 35.10 crore. Revenue from operations increased significantly to Rs 241.10 lakh from nil in the previous year. Total expenses rose to Rs 281.06 lakh, outpacing revenue growth. On a standalone basis, the company reported no revenue and a net loss of Rs 25.80 crore. The results include performance of subsidiaries Rasvat Food Specialities and Celest Hospitalities. NSVR & Associates LLP conducted a limited review, finding no issues with the financial results' presentation.