Ras Resorts and Apart Hotels Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 36.44 million compared to INR 23.73 million a year ago. Revenue was INR 37.16 million compared to INR 24.14 million a year ago. Net income was INR 3.27 million compared to INR 0.965 million a year ago. Basic earnings per share from continuing operations was INR 0.82 compared to INR 0.24 a year ago.
For the full year, sales was INR 128.74 million compared to INR 78.33 million a year ago. Revenue was INR 131.91 million compared to INR 80.31 million a year ago. Net loss was INR 0.079 million compared to net income of INR 1.67 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to basic earnings per share from continuing operations of INR 0.42 a year ago.