How has been the historical performance of Victoria Mills?
Victoria Mills experienced a significant recovery in 2023, reporting net sales of 24.44 Cr, up from 0.00 Cr in 2022, with improved operating profit and a profit after tax of 2.34 Cr, compared to a loss the previous year. Total assets and liabilities increased to 66.06 Cr, reflecting overall financial growth.
Answer:The historical performance of Victoria Mills shows a fluctuating trend in key financial metrics over the years.Breakdown:
Victoria Mills reported net sales of 24.44 Cr in March 2023, a significant increase from 0.00 Cr in March 2022 and a slight rise from 17.86 Cr in March 2021. The total operating income also rose to 24.44 Cr in March 2023, compared to 0.00 Cr in the previous year. The raw material cost for March 2023 was 20.60 Cr, reflecting an increase from 14.82 Cr in March 2021. The total expenditure, excluding depreciation, was 22.89 Cr in March 2023, up from 2.14 Cr in March 2022. Operating profit (PBDIT) for March 2023 was 3.16 Cr, recovering from a loss of -1.40 Cr in March 2022. Profit before tax improved to 3.03 Cr in March 2023 from a loss of -1.53 Cr in the previous year, leading to a profit after tax of 2.34 Cr, compared to a loss of -1.54 Cr in March 2022. The total assets increased to 66.06 Cr in March 2023 from 58.55 Cr in March 2022, while total liabilities also rose to 66.06 Cr from 58.55 Cr. The cash flow from operating activities was 2.00 Cr in March 2023, a recovery from -18.00 Cr in March 2022, indicating improved cash generation. Overall, the financial performance of Victoria Mills has shown signs of recovery in 2023 after a challenging previous year.
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