Ras Resorts & Apart Hotels Ltd — Board Meeting, 17-05-2025: Board Meeting

Ras Resorts & Apart Hotels Ltd. has announced a board meeting approving the re-appointment of Smt. Nalini Shewakramani as Whole Time Director for three years. The company approved the audited financial results for the quarter and year ended March 31, 2025, reporting revenue of Rs. 13.22 Cr and a net profit of Rs. 0.33 Cr for the year. Despite a modest profit before tax of Rs. 0.46 Cr, total comprehensive income remains negative at Rs. (0.37) Cr due to other comprehensive losses. The audit report expressed an unmodified opinion. Net borrowings reduced slightly to Rs. 3.92 Cr by year-end, reflecting prudent financial management.