Velan Hotels net profit rises 50.00% in the June 2008 quarter

News Flash

Weak Q3 earnings reflecting current stock prices
Crude futures higher;breaches $50/bbl in day trade
Urgent OPEC meeting to take place in Kuwait in Feb
Strike not to hit operations of most refiners
Strike not to affect ONGC, Oil India output
December exports to fall 1.6% (YoY): Sources
Apr-Dec exports at $130bn vs $113bn (YoY): Sources
India FY'09 export seen at $175bn: NW
Rupee closes at 48.69/$ vs 48.56/$ on Monday
Meet to discuss the demand supply situation: Sources
Meet to discuss situation post Jan output cut: Sources
Meet to take stock of US leadership, eco policy: Srcs
Non-members participating in the meeting: Sources
India too likely to send representative for meet: Srcs
Emergency OPEC meeting to take place in Kuwait
Emergency OPEC meeting to take place in February
Don't expect RBI to put cap on reverse repo: NW
No rationale behind RBI cap on reverse repo: NW
Sensex closes up 60 pts; Nifty lower by 8 pts
Ambuja Cements up 9%, Grasim up 8%, M&M up 7.4%
ACC up 7%, Satyam up 7%, HDFC Bank up 5.3%
BSE Advances at 47.74%, Declines at 48.77%
Sensex closes up 101 pts; Nifty closes flat
Saregama India gets into big budget film production: Srcs
Saregama movies budget > Rs.40cr each: Sources
10% revs from radio rights, public performances: Srcs
Saregama's 40% revs from physical sales of music: Srcs
Saregama's 50% revs from digital music: Sources
Signs Apoorva Lakhia and Sanjay Leela Bhansali
Tied up for gas from KG basin as well: IGL

Updated: 08/08/2008 | 12:00 AM IST

Hotel

Capital Market

Friday, August 08, 2008 (New Delhi)

Blog

Comments:

Read (0)

Post

Rate the story

Sales rise 9.66% to Rs 3.18 crore

Net profit of Velan Hotels rose 50.00% to Rs 0.42 crore in the quarter ended June 2008 as against Rs 0.28 crore during the previous quarter ended June 2007. Sales rose 9.66% to Rs 3.18 crore in the quarter ended June 2008 as against Rs 2.90 crore during the previous quarter ended June 2007.