Ras Resorts & Apart Hotels Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 22.965 million against INR 22.597 million a year ago. Total income was INR 23.015 million against INR 22.707 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 4.680 million against INR 3.689 million a year ago. Profit from ordinary activities before tax was INR 3.828 million against INR 2.657 million a year ago. Net profit from ordinary activities after tax was INR 2.434 million against INR 2.731 million a year ago. Basic and diluted earnings per share were INR 0.61 against INR 0.69 a year ago.

For the nine months, the company reported net sales/income from operations of INR 61.765 million against INR 53.459 million a year ago. Total income was INR 62.057 million against INR 53.802 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 9.217 million against loss from operations before other income, finance cost and exceptional items of INR 1.092 million a year ago. Profit from ordinary activities before tax was INR 6.316 million against loss from ordinary activities before tax of INR 4.988 million a year ago. Net profit from ordinary activities after tax was INR 3.934 million against net loss from ordinary activities after tax of INR 2.569 million a year ago. Basic and diluted earnings per share were INR 0.99 against basic and diluted loss per share INR 0.65 a year ago.