Velan Hotels reported a standalone net loss of ₹0.71 crore for the quarter ended June 2026, representing a 61% increase from the ₹0.44 crore net loss recorded in the corresponding quarter of the previous year. According to reports from Business Standard, the company's financial performance showed deterioration compared to the same period last year.
The company reported zero sales for the quarter ended June 2026, marking a 100% decline from the ₹0.03 crore sales recorded in the corresponding quarter of the previous year. As reported by Business Standard, this complete absence of revenue generation contributed to the increased net loss compared to the previous year's performance.
The company's operating profit margin (OPM) remained at 0% for both the current quarter and the previous year quarter. According to the financial data reported by Business Standard, the profit before depreciation and tax (PBDT) declined by 87% to ₹0.58 crore in Q1 FY2026 from ₹0.31 crore in the corresponding quarter of the previous year. The profit before tax (PBT) also increased by 61% to ₹0.71 crore from ₹0.44 crore year-on-year.
