RAS Resorts and Apart Hotels Ltd Q2FY22 profit at Rs. 6.70 lakhs

The Board of Directors of RAS RESORTS & APART HOTELS LTD., at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 1.8143 crore, against ₹1.1120 crore in the corresponding quarter of the previous year (YoY) and ₹1.2059 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.0670 crore, against ₹0.0011 crore in the corresponding quarter of the previous year (YoY) and ₹-0.0627 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.17, against ₹0.0027 in the corresponding quarter of the previous year (YoY) and ₹-0.16 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 1.8143 crs	₹1.2059 crs	50.45%	₹1.1120 crs	63.16%
Net Profit	₹0.0670 crs	₹-0.0627 crs	206.86%	₹0.0011 crs	5,990.91 %
EPS	₹0.17	₹-0.16	206.25%	₹0.0027	6,196.30%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹3.0202 crore, against ₹1.5134 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.0043 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.4051 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.108 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.02 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹3.0202 crs	₹1.5134 crs	99.56%
Net Profit	₹0.0043 crs	₹-0.4051 crs	101.06%
EPS	₹0.108	₹-1.02	110.59%

Shares of RAS RESORTS & APART HOTELS LTD. was last trading in BSE at Rs. 27.00 as compared to the previous close of Rs. 26.55. The total number of shares traded during the day was 500 in over 2 trades.

The stock hit an intraday high of Rs. 27.00 and intraday low of 27.00. The net turnover during the day was Rs. 13500.00.

Source : Equity Bulls

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RASResortsandApartHotels Q2FY22 H1FY22 ResultUpdate