Victoria Mills Share Price

Victoria Mills Limited, incorporated in January, 1913 is engaged in manufacture and sale of cloth, yarn and cotton waste. Products manufactured are dhotis, sarees, shirting, printed poplin, volleys, grey and bleaching long cloth, gadlapat, coatings, etc. The dyeing calendaring, merchandising, yarn dyeing and manforising operations, counts ranging from 18s to 80s are spun and the cloth width ranges from 24 to 64.Company implemented a scheme of demerger in April 2002, as approved by the High Court. Under this scheme, shareholders of the Company received ten shares of the new demerged entity, Galactic Enterprises Ltd. The company has been trading in fabrics in the local market and is exploring the possibilities of exporting value added fabrics. Initially, Company was incorporated as a textile manufacturer and has shifted the focus to real estate development, including luxury villas in Alibaug through its subsidiary, Victoria Land Pvt Ltd. The Company bought lands for its new projects and it started construction on these lands during the year 202223. The companys business focus is on designing and developing highend premium residential and leisure properties. The company has carved a niche for itself in the luxury segment by differentiating itself by building ready to move in Luxury Villas.

For the full year FY2023–2024, revenue reached ₹26.05 crore and profit touched at ₹2.34 crore.