RAS Resorts and Apart Hotels Ltd Q1FY23 loss at Rs. 20.91 lakhs

RAS RESORTS & APART HOTELS LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3.3295 crores during the period ended June 30, 2022 as compared to Rs. 2.4142 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.2091 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0965 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.53 for the period ended June 30, 2022 as compared to Rs. 0.24 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 3.3295 crs	₹2.4142 crs	37.91%
Net Profit	₹-0.2091 crs	₹0.0965 crs	-316.68%
EPS	₹-0.53	₹0.24	-320.83%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 3.3295 crores during the period ended June 30, 2022 as compared to Rs.1.2059 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.2091 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0627 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.53 for the period ended June 30, 2022 as compared to Rs.-0.16 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 3.3295 crs	₹1.2059 crs	176.10%
Net Profit	₹-0.2091 crs	₹-0.0627 crs	233.49%
EPS	₹-0.53	₹-0.16	231.25%

Shares of RAS RESORTS & APART HOTELS LTD. was last trading in BSE at Rs. 30.00 as compared to the previous close of Rs. 29.50. The total number of shares traded during the day was 300 in over 2 trades.

The stock hit an intraday high of Rs. 30.00 and intraday low of 29.95. The net turnover during the day was Rs. 8990.00.

Source : Equity Bulls

Keywords

RASResortsandApartHotels Q1FY23 ResultUpdate