Board Meeting Details
The Board of Directors meeting was held on Thursday, 13th August 2026 from 5:00 PM to 5:30 PM. The following decisions were taken:
- Considered and approved the Standalone Unaudited financial results of the Company for the quarter ended 30th June 2026
- Taken on record the Limited Review Report of the Statutory Auditors on the Standalone un-audited Financial Results of the Company for quarter ended 30th June 2026
- Considered other routine Business item(s)
The Audit Committee also approved the financial results on the same date.
Financial Results Overview (Standalone, All figures in ₹ Lakhs)
Quarter Ended 30.06.2026 (Unaudited):
- Revenue from Operations: ₹5,364.70
- Other Income: ₹2.40
- Total Income: ₹5,371.40
- Total Expenses: ₹48.62
- Loss before Tax: ₹(48.62)
- Tax Expense: Current Tax ₹(596.43), Deferred Tax ₹3.59
- Loss for the period: ₹(47.30)
- Total Comprehensive Income: ₹(47.30)
- Earnings per equity share (Basic & Diluted): ₹(9.46)
Comparative Figures:
- Quarter Ended 31.03.2026 (Audited): Profit of ₹129.26, EPS ₹25.85
- Quarter Ended 30.06.2025 (Unaudited): Loss of ₹(39.06), EPS ₹(7.81)
- Year Ended 31.03.2026 (Audited): Loss of ₹(913.87), EPS ₹(182.77)
Paid-up Share Capital
₹50.00 lakh (50,000 equity shares of ₹10 each fully paid up) - unchanged from previous periods.
Auditors' Limited Review Report Qualifications
The statutory auditors, Mahesh Chandra and Associates (Firm Registration No. 112334W), issued a qualified conclusion based on three key matters:
Note 6 - Preference Shares Redemption:
5% Non-Cumulative Redeemable Preference Shares are due for redemption as at June 30, 2026 (and were also due as at March 31, 2020, March 31, 2021, March 31, 2022, March 31, 2023, March 31, 2024, March 31, 2025 and March 31, 2026). Management is negotiating with the investor to restructure terms. These continue to be recognized as Non-Current Liability.
Note 7 - Unreconciled Balances:
Balances of receivables and payables, including borrowings, loans and advances, vendor payables, security deposits, other advances, other liabilities, and advances from customers are subject to confirmation and reconciliation. The effect on Profit/Loss, Assets and Liabilities is not ascertainable and may be considerable.
Note 8 - Statutory Reconciliation:
Balances are subject to reconciliation with returns and submissions made to statutory authorities including GST Department. The effect on Profit/Loss, Assets and Liabilities is not ascertainable.
Publication and Compliance
- The company will submit the financial results in PDF and XBRL formats within stipulated time
- Results will be hosted on company website: www.victoriaenterprises.co.in
- QR Code of results will be published in 'Active Times' (English) and 'Mumbai Mitra' (Marathi) newspapers
- Compliance with Regulation 33 of SEBI LODR Regulations, 2015
Additional Information
- The company has only one business and geographical segment: real estate development and consultancy in India
- Financial figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited YTD figures
- Financial results prepared in accordance with Ind AS 34 and Companies (Indian Accounting Standards) Rules, 2015