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Velan Hotels net profit declines 32.50% in the March 2013 quarter

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Capital Market
Net profit of Velan Hotels declined 32.50% to Rs 0.27 crore in the quarter ended March 2013 as against Rs 0.40 crore during the previous quarter ended March 2012. Sales declined 5.19% to Rs 4.02 crore in the quarter ended March 2013 as against Rs 4.24 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 35.11% to Rs 0.61 crore in the year ended March 2013 as against Rs 0.94 crore during the previous year ended March 2012. Sales declined 3.54% to Rs 14.18 crore in the year ended March 2013 as against Rs 14.70 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales4.024.24 -5 14.1814.70 -4 OPM %19.4026.89 -28 17.1422.59 -24 PBDT0.760.96 -21 1.902.40 -21 PBT0.530.74 -28 0.981.50 -35 NP0.270.40 -33 0.610.94 -35

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First Published: Jun 04 2013 | 2:55 PM IST

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