How has been the historical performance of Victoria Mills?

Oct 30 2025 10:44 PM IST
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Victoria Mills showed a significant recovery in Mar'23, with net sales rising to 24.44 Cr from 0.00 Cr in Mar'22, and profit after tax improving to 2.34 Cr from a loss of 1.54 Cr. Despite increased raw material costs, the company achieved positive operating profit and cash flow, indicating overall financial improvement.
Answer:
The historical performance of Victoria Mills shows significant fluctuations in its financial metrics over the years.

Breakdown:
Victoria Mills experienced a notable increase in net sales from 0.00 Cr in Mar'22 to 24.44 Cr in Mar'23, following a previous high of 19.00 Cr in Mar'19. The total operating income also rose to 24.44 Cr in Mar'23 from 0.00 Cr in the prior year. However, raw material costs surged to 20.60 Cr in Mar'23, leading to a total expenditure of 22.89 Cr, which was significantly higher than 2.14 Cr in Mar'22. Operating profit, excluding other income, improved to 1.55 Cr in Mar'23 from a loss of 2.14 Cr in Mar'22, resulting in an operating profit margin of 6.34%. Profit before tax turned positive at 3.03 Cr in Mar'23, up from a loss of 1.53 Cr in the previous year, while profit after tax also rebounded to 2.34 Cr from a loss of 1.54 Cr. The company's total assets increased to 66.06 Cr in Mar'23 from 58.55 Cr in Mar'22, with total liabilities also rising to 66.06 Cr. Cash flow from operating activities showed a recovery to 2.00 Cr in Mar'23, contrasting with a negative cash flow of 18.00 Cr in Mar'22. Overall, the financial performance of Victoria Mills in Mar'23 indicates a recovery from previous losses, with improvements in sales, profits, and cash flow.
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