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Velan Hotels reports standalone net loss of Rs 0.60 crore in the March 2022 quarter

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Capital Market

Reported sales nil

Net loss of Velan Hotels reported to Rs 0.60 crore in the quarter ended March 2022 as against net profit of Rs 2.05 crore during the previous quarter ended March 2021. There were no Sales reported in the quarter ended March 2022 as against Rs 0.04 crore during the previous quarter ended March 2021.

For the full year,net profit rose 13300.00% to Rs 9.38 crore in the year ended March 2022 as against Rs 0.07 crore during the previous year ended March 2021. There were no Sales reported in the year ended March 2022 as against Rs 0.04 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales00.04 -100 00.04 -100 OPM %0-1225.00 -0-3025.00 - PBDT-0.11-0.40 73 -1.49-1.12 -33 PBT-0.60-0.82 27 -2.73-2.80 3 NP-0.602.05 PL 9.380.07 13300

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First Published: May 31 2022 | 11:01 AM IST

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