Submission of Unaudited standalone financial result of the company for the quarter/ nine months ended on December 31, 2025, along with Limited Review report provided by statutory Auditor ....
Awaiting price reaction for this filing.
Victoria Enterprises Limited, a small real estate development and consultancy firm, reported a disastrous Q3 FY26 (Oct-Dec 2025) with effectively zero revenue from operations against Rs 4,272.20 lakhs in the same quarter last year. Total income for the quarter was just Rs 1.03 lakh (other income only), and the company swung to a loss of Rs 1,799.17 lakhs versus a loss of Rs 1,405.99 lakhs in Q3 FY25. For the nine months ended December 2025, revenue fell to Rs 5,364.70 lakhs from Rs 8,333.11 lakhs, and profit after tax collapsed to Rs 164.43 lakhs from Rs 1,110.34 lakhs. An exceptional item of Rs 967.36 lakhs was booked, representing prior-period (FY25) expenses that were not recognised earlier due to timing and identification differences. The statutory auditor issued a qualified conclusion flagging long-overdue 5% Non-Cumulative Redeemable Preference Shares due for refund since March 2020 (still being negotiated for restructuring) and significant unreconciled receivables, payables, and GST balances.
This is a red-flag quarter — operational revenue has essentially dried up and the auditor's qualified opinion plus the prior-period expense booking suggest weak financial controls. Shareholders should view the stock with caution; the overdue preference shares and unreconciled balances highlight unresolved capital structure and governance issues that could weigh on valuation.