Financial Performance Highlights

Quarterly Performance (Q2 FY26 ended September 30, 2025)

  • Revenue from Operations: ₹17.50 crore (compared to ₹0.00 crore in Q2 FY25 and ₹16.25 crore in Q1 FY26)
  • Other Income: ₹49.76 lakh (compared to negative ₹8.44 lakh in Q2 FY25 and ₹25.24 lakh in Q1 FY26)
  • Total Revenue: ₹17.9976 crore
  • Total Expenses: ₹14.6287 crore (primarily comprising cost of materials consumed ₹14.0333 crore)
  • Profit Before Tax: ₹3.3689 crore (compared to loss of ₹1.0871 crore in Q2 FY25)
  • Tax Expense: ₹78.35 lakh (current tax)
  • Net Profit: ₹2.5854 crore (compared to loss of ₹1.0106 crore in Q2 FY25)
  • Earnings Per Share (Basic & Diluted): ₹262.32

Half-Yearly Performance (H1 FY26 ended September 30, 2025)

  • Revenue from Operations: ₹33.75 crore (compared to ₹14.20 crore in H1 FY25)
  • Other Income: ₹75.00 lakh (compared to ₹23.44 lakh in H1 FY25)
  • Total Revenue: ₹34.50 crore
  • Total Expenses: ₹28.8076 crore
  • Profit Before Tax: ₹5.6924 crore (compared to ₹31.41 lakh in H1 FY25)
  • Tax Expense: ₹133.35 lakh (current tax)
  • Net Profit: ₹4.3589 crore (compared to ₹9.06 lakh in H1 FY25)
  • Earnings Per Share (Basic & Diluted): ₹442.26

Balance Sheet Position (as at September 30, 2025)

Assets

  • Total Assets: ₹76.6004 crore
  • Non-Current Assets: ₹18.7035 crore (including Investments ₹18.5894 crore)
  • Current Assets: ₹57.8969 crore (including Inventories ₹26.8003 crore, Investments ₹28.9118 crore, Cash ₹1.6766 crore)

Liabilities and Equity

  • Total Equity: ₹72.2704 crore (Share Capital ₹98.56 lakh, Other Equity ₹71.2848 crore)
  • Non-Current Liabilities: ₹2.7172 crore (Provisions ₹1.9709 crore, Deferred Tax ₹5.15 lakh)
  • Current Liabilities: ₹1.6128 crore

Cash Flow Statement (H1 FY26 ended September 30, 2025)

  • Net Cash from Operating Activities: ₹18.7799 crore inflow
  • Net Cash from Investing Activities: ₹17.6578 crore outflow (primarily due to net investment of ₹17.7500 crore)
  • Net Cash from Financing Activities: Not applicable (no activity reported)
  • Net Increase in Cash: ₹1.1221 crore
  • Closing Cash Balance: ₹1.6766 crore (up from ₹55.44 lakh as at March 31, 2025)

Auditor Review and Governance

  • Auditor: Vasani & Thakkar, Chartered Accountants (FRN: 111296W)
  • Review Date: November 13, 2025
  • Board Approval Date: November 13, 2025
  • Limited Review Conclusion: No material misstatement found in the financial results

Additional Notes and Qualifications

  • Results prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting)
  • Employee benefit provisions made on actual basis, to be adjusted at year-end based on actuarial valuation
  • Company operates within a single business and geographical segment
  • Deferred tax provision, if any, will be made at year-end
  • Previous period figures have been regrouped/reclassified where necessary
  • Results posted on company website (www.victoriamills.in) and BSE website