Velan Hotels Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 0.07 million. Net loss was INR 151.72 million compared to INR 6.01 million a year ago.

Basic loss per share from continuing operations was INR 4.9 compared to INR 0.19 a year ago. Diluted loss per share from continuing operations was INR 4.9 compared to INR 0.19 a year ago.