Velan Hotels net profit rises 41.18% in the June 2013 quarter

Sales rise 6.53% to Rs 3.75 crore

Net profit of Velan Hotels rose 41.18% to Rs 0.24 crore in the quarter ended June 2013 as against Rs 0.17 crore during the previous quarter ended June 2012. Sales rose 6.53% to Rs 3.75 crore in the quarter ended June 2013 as against Rs 3.52 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales3.753.52 7 OPM %21.6019.03 -PBDT0.550.45 22 PBT0.310.23 35 NP0.240.17 41

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