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Velan Hotels reports standalone net loss of Rs 0.68 crore in the June 2019 quarter

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Capital Market

Sales decline 46.28% to Rs 1.01 crore

Net Loss of Velan Hotels reported to Rs 0.68 crore in the quarter ended June 2019 as against net loss of Rs 0.58 crore during the previous quarter ended June 2018. Sales declined 46.28% to Rs 1.01 crore in the quarter ended June 2019 as against Rs 1.88 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales1.011.88 -46 OPM %-18.812.13 -PBDT-0.230.02 PL PBT-0.68-0.43 -58 NP-0.68-0.58 -17

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First Published: Aug 13 2019 | 5:23 PM IST

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