Financial Performance Highlights (Quarter Ended September 30, 2026)

Revenue & Profitability:

  • Revenue from operations: ₹79.50 lakhs (compared to ₹17.50 lakhs in Q2 FY26)
  • Other income: ₹0.59 lakhs
  • Total revenue: ₹200.92 lakhs
  • Total expenses: ₹156.47 lakhs (including cost of materials consumed ₹150.00 lakhs, employee benefits expense ₹0.40 lakhs, depreciation ₹0.02 lakhs, other expenses ₹0.22 lakhs)
  • Profit before tax: ₹44.45 lakhs
  • Tax expense: ₹10.50 lakhs (current tax)
  • Net profit: ₹33.95 lakhs
  • Earnings per share (basic and diluted): ₹344.45

Comparative Performance:

  • Q2 FY26 net profit: ₹25.85 lakhs (31% YoY growth)
  • Preceding quarter (Q1 FY27) net profit: ₹28.94 lakhs

Half-Year Performance (April 1, 2026 - September 30, 2026)

Financial Results:

  • Revenue from operations: ₹390.00 lakhs
  • Other income: ₹1.07 lakhs
  • Total revenue: ₹400.74 lakhs
  • Total expenses: ₹318.85 lakhs
  • Profit before tax: ₹81.89 lakhs
  • Tax expense: ₹19.00 lakhs (current tax)
  • Net profit: ₹62.89 lakhs
  • Earnings per share (basic and diluted): ₹638.12

Comparative Performance:

  • H1 FY26 net profit: ₹43.59 lakhs (44% YoY growth)
  • Full year FY26 net profit: ₹84.75 lakhs

Balance Sheet Position (as of September 30, 2026)

Assets:

  • Total assets: ₹869.60 lakhs
  • Non-current assets: ₹409.61 lakhs (including property, plant and equipment ₹4.13 lakhs, investments ₹4,140.64 lakhs, other non-current assets ₹-85.82 lakhs)
  • Current assets: ₹459.99 lakhs (including inventories ₹1,314.47 lakhs, investments ₹3,086.74 lakhs, cash and cash equivalents ₹159.07 lakhs, loans ₹3.96 lakhs)

Equity and Liabilities:

  • Total equity: ₹820.59 lakhs (equity share capital ₹98.56 lakhs, other equity ₹810.73 lakhs)
  • Non-current liabilities: ₹290.23 lakhs (provisions ₹216.85 lakhs, deferred tax liabilities ₹3.92 lakhs, other non-current liabilities ₹69.47 lakhs)
  • Current liabilities: ₹199.87 lakhs (financial liabilities ₹191.75 lakhs, provisions ₹8.12 lakhs)

Cash Flow Statement (Half Year Ended September 30, 2026)

Operating Activities:

  • Net cash inflow: ₹1,913.96 lakhs
  • Major components: Profit after tax ₹628.93 lakhs, depreciation ₹4.74 lakhs, decrease in inventories ₹1,129.75 lakhs

Investing Activities:

  • Net cash outflow: ₹1,848.84 lakhs
  • Major components: Dividend income ₹20.01 lakhs, purchase of investments ₹1,825.00 lakhs, other investment activities ₹43.85 lakhs

Financing Activities:

  • Net cash outflow: ₹49.28 lakhs (dividend payment including dividend distribution tax)

Net Change: Net increase in cash and cash equivalents of ₹15.84 lakhs

Additional Notes and Disclosures

Accounting Policies:

  • Financial results prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting"
  • Figures of previous periods/year have been regrouped/reclassified wherever necessary

Employee Benefits:

  • Provisions for liability for retiring employees benefits made on actual basis for the quarter
  • Will be adjusted at year-end on actuarial valuation basis

Segment Reporting:

  • Company's business activities primarily fall within a single business and geographical segment
  • No additional segment disclosure required

Taxation:

  • Provision for deferred tax, if any, will be made at the end of the year
  • Current tax provision made for the period

Regulatory Compliance:

  • Results posted on company's website (www.victoriamills.in) and BSE Limited website (www.bseindia.com)
  • Limited review conducted by statutory auditors Vasani & Thakkar Chartered Accountants (FRN: 111296W)