Supra Trends posts Rs 37.09 lakh first-half standalone loss

Supra Trends Limited posted a standalone loss of Rs 37.09 lakh for the half year ended September 30, 2026, despite reporting Rs 28.48 lakh of revenue from operations, which had been absent a year earlier. Total expenses of Rs 65.57 lakh exceeded total income, and operating activities used Rs 7.6373 crore of cash.

What did Supra Trends report for the first half?

Supra Trends reported Rs 28.48 lakh of revenue from operations for the half year ended September 30, 2026, compared with no operating revenue in the corresponding 2025 period. Total income was also Rs 28.48 lakh because the latest half-year statement recorded no other income, against Rs 2.63 lakh of other income in the prior-year period.

The first-half loss widened to Rs 37.09 lakh from Rs 35.24 lakh a year earlier. Total expenses increased by Rs 27.70 lakh to Rs 65.57 lakh, while total income rose by Rs 25.85 lakh, leaving the increase in expenses greater than the increase in income. The company reported no exceptional items or tax expense, so its loss before tax and loss for the period were both Rs 37.09 lakh.

The basic loss per share narrowed to Rs 0.16 from Rs 0.26. Paid-up equity share capital was Rs 23.6572 crore at September 30, 2026, compared with Rs 13.5372 crore at September 30, 2025. Supra Trends states that it operates in a single segment.

How did Supra Trends perform in the September quarter?

Supra Trends reported Rs 16.23 lakh of operating revenue in the quarter ended September 30, 2026, up from Rs 12.25 lakh in the quarter ended June 30, 2026. The quarterly loss narrowed to Rs 13.31 lakh from Rs 23.78 lakh as total expenses fell to Rs 29.54 lakh from Rs 36.03 lakh.

Other expenses declined to Rs 10.69 lakh in the September quarter from Rs 28.08 lakh in the June quarter, while employee benefits expense fell to Rs 2.93 lakh from Rs 4.69 lakh. Purchase of stock in trade increased to Rs 12.06 lakh from Rs 3.21 lakh, and the September-quarter statement recorded Rs 3.81 lakh in changes in inventories.

Against the quarter ended September 30, 2025, operating revenue of Rs 16.23 lakh replaced no reported operating revenue. However, the prior-year quarter included Rs 2.63 lakh of other income, whereas the latest quarter had none; total expenses increased to Rs 29.54 lakh from Rs 12.06 lakh and the loss rose to Rs 13.31 lakh from Rs 9.44 lakh.

What changed in Supra Trends’ standalone balance sheet?

Supra Trends’ total standalone assets rose to Rs 24.1003 crore at September 30, 2026 from Rs 16.7731 crore at March 31, 2026. Current assets increased to Rs 15.1835 crore from Rs 7.8551 crore, while non-current assets were nearly unchanged at Rs 8.9168 crore compared with Rs 8.9180 crore.

Other current financial assets increased to Rs 14.6476 crore from Rs 7.4736 crore, a rise of Rs 7.1740 crore. The filing does not provide a breakdown of this balance. Trade receivables rose to Rs 31.01 lakh from Rs 16.77 lakh, while inventories fell to Rs 4.59 lakh from Rs 8.39 lakh and cash and cash equivalents declined to Rs 3 lakh from Rs 7.71 lakh.

Non-current investments remained Rs 8.9133 crore at both dates. Property, plant and equipment declined to Rs 0.35 lakh from Rs 0.46 lakh, and other current assets rose to Rs 14.99 lakh from Rs 5.28 lakh.

Total equity increased to Rs 21.1896 crore from Rs 13.9705 crore, reflecting equity share capital of Rs 23.6572 crore and negative other equity of Rs 2.4676 crore. Non-current borrowings were unchanged at Rs 2.54 crore, while current liabilities increased to Rs 37.06 lakh from Rs 26.26 lakh.

What does Supra Trends’ cash flow show?

Supra Trends used Rs 7.6373 crore in operating activities during the half year ended September 30, 2026. The operating outflow included the Rs 37.09 lakh pre-tax loss and Rs 7.2711 crore described in the cash-flow statement as an increase in other current assets.

Trade receivables consumed a further Rs 14.24 lakh of cash, while the Rs 3.81 lakh reduction in inventories and a Rs 10.80 lakh increase in other current financial liabilities partly offset these movements. The cash-flow statement therefore shows operating cash outflow during the same half year in which standalone operating revenue reached Rs 28.48 lakh.

Financing activities generated Rs 7.5901 crore, comprising a Rs 10.3276 crore increase in share capital offset by a Rs 2.7375 crore decrease in share warrants. With no investing cash flow reported for the half year, cash and cash equivalents fell by Rs 4.72 lakh to Rs 3 lakh at September 30, 2026 from Rs 7.71 lakh at the start of the year.

Conclusion

Supra Trends generated first-half standalone operating revenue after recording none in the comparable prior-year period, and its September-quarter loss narrowed from the June quarter. However, first-half expenses of Rs 65.57 lakh remained above income of Rs 28.48 lakh, resulting in a Rs 37.09 lakh loss and an operating cash outflow of Rs 7.6373 crore.

The next disclosures should clarify the movement and composition of Rs 14.6476 crore in other current financial assets, for which this filing gives no breakdown. They will also show whether operating revenue can build on the Rs 16.23 lakh reported in the September 2026 quarter while other expenses, which totalled Rs 38.76 lakh in the half year, change.