Ras Resorts & Apart Hotels Ltd — Results, 17-05-2025: Result
17-05-2025 | 01:05 pm
17-05-2025 | 01:05 pm
Ras Resorts and Apart Hotels Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company reported total revenue of Rs. 1322.71 lakh for the year, slightly down from Rs. 1329.99 lakh the previous year. Profit before tax rose to Rs. 46.26 lakh from Rs. 29.56 lakh. Net profit after tax increased to Rs. 32.74 lakh versus Rs. 18.30 lakh. Hoteliering remains the core segment with capital employed of Rs. 15.23 Cr. The company’s cash balance nearly doubled to Rs. 1.59 Cr. Borrowings fell to Rs. 3.92 Cr by year-end from Rs. 4.24 Cr. The auditors issued an unmodified opinion on the audited results.
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