First established in 2009, the franchise network grew to 20 by the past year.
In Sri Lanka, the firm has also established a luxury tea lounge 'Heladiv Tea Club' at an old Dutch Hospital in Colombo's central commercial district.
In earlier years HVA launched ready to drink tea pack under its 'Heladiv' brand.
"Our marketing efforts in attracting consumers are totally different to traditional methods practiced by the vast majority of companies," chairman Rohan Fernando told sharesholder in the annual report.
"We have strategized the designing of consumer packs to virtually talk to the consumer and thereby create a bond between the purchaser and the product."
The firm's tea extraction plant has exported bulk tea extracts to several Asian and Far Eastern markets for trials.
It was also introducing 'ready to dilute and drink (RTDD) tea mixes.
"These products are still considered novel and require further marketing efforts to grow into regular business," chairman Rohan Fernando told shareholders in the annual report.
"It is hoped that before too long the tea extraction plant will return impressive results to be recognized as a novel business model and boost bottomline profitability of the company."
The firm said revenues in the year to March 2012 rose to 717 million rupees from 545 million rupees. Sales to Russia and CIS countries fell to 328 million rupees from 338 million rupees.
Exports to Asia and the Far East rose to 197 million rupees from 93 million rupees, sales to Europe rose to 198 million rupees from 105 million and sales to USA and Canda fell to 14.9 million rupees from 25 million rupees in the period.
The firm was also hit a 14 million rupee foreign exchange loss. Administration expenses were also up with director's emoluments and non executive director's consultation fees doubling to 20.9 million rupees from 10.2 million rupees a year earlier.
Profits fell to 9.2 million rupees from 46.3 million rupees a year earlier, giving earnings of 14 cents per share.