Velan Hotels Limited reported earnings results for the full year ended March 31, 2023. For the full year, the company reported revenue was INR 0.23 million. Net loss was INR 184.92 million compared to net income of INR 93.77 million a year ago.

Basic loss per share from continuing operations was INR 5.79 compared to basic earnings per share from continuing operations of INR 2.93 a year ago. Diluted loss per share from continuing operations was INR 5.79 compared to diluted earnings per share from continuing operations of INR 2.93 a year ago.