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Velan Hotels reports net profit of Rs 0.27 crore in the March 2014 quarter

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Capital Market

Sales rise 5.72% to Rs 4.25 crore

Net profit of Velan Hotels remain constant at Rs 0.27 crore in the quarter ended March 2014 and also during the previous quarter ended March 2013. Sales rose 5.72% to Rs 4.25 crore in the quarter ended March 2014 as against Rs 4.02 crore during the previous quarter ended March 2013.

For the full year,net profit rose 4.92% to Rs 0.64 crore in the year ended March 2014 as against Rs 0.61 crore during the previous year ended March 2013. Sales rose 10.08% to Rs 15.61 crore in the year ended March 2014 as against Rs 14.18 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales4.254.02 6 15.6114.18 10 OPM %25.1819.40 -22.6817.14 - PBDT0.280.76 -63 1.791.90 -6 PBT-0.010.53 PL 0.610.98 -38 NP0.270.27 0 0.640.61 5

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First Published: May 30 2014 | 9:25 AM IST

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