We are submitting herewith Un-audited standalone financial result of the company for the quarter /half year ended 30th September 2025 along with statement of assets of Liabilities and cash ....
Awaiting price reaction for this filing.
Victoria Enterprises Limited posted revenue from operations of Rs 5,364.70 lacs for Q2 FY26 (quarter ended 30 Sept 2025), up about 32% from Rs 4,060.91 lacs in Q2 FY25. Profit after tax for the quarter stood at Rs 2,002.66 lacs, down roughly 21% from Rs 2,536.86 lacs a year ago, helped in part by an unusually large negative entry under 'Other Expenses' of Rs 413.71 lacs that lifted profits. The statutory auditor, Mahesh Chandra & Associates, issued a Qualified Conclusion on the limited review, flagging three concerns: (i) 5% Non-Cumulative Redeemable Preference Shares that remain overdue for refund and are still being renegotiated, (ii) receivables, payables, borrowings and advances pending balance confirmation and reconciliation, and (iii) unreconciled balances with statutory authorities including GST. For the half-year, operating cash flow was positive at Rs 1,138.63 lacs and total equity rose sharply to Rs 2,762.67 lacs from Rs 798.67 lacs on retained earnings.
Strong top-line growth is a positive, but the YoY decline in profit and the auditor's qualified conclusion — especially the unresolved preference share liability and pending balance confirmations — flag governance and balance-sheet reliability risks that investors should weigh carefully.