RAS Resorts and Apart Hotels Ltd Q2 FY2024 net profit at Rs. 2.64 lakhs

RAS RESORTS & APART HOTELS LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2.9357 crores during the period ended September 30, 2023 as compared to Rs. 3.1265 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0264 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.0031 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.07 for the period ended September 30, 2023 as compared to Rs. -0.01 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 2.9357 crs	₹3.1265 crs	-6.10%
Net Profit	₹0.0264 crs	₹-0.0031 crs	951.61%
EPS	₹0.07	₹-0.01	800.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.9357 crores during the period ended September 30, 2023 as compared to Rs.2.6412 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.0264 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-0.5693 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.07 for the period ended September 30, 2023 as compared to Rs.-1.43 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 2.9357 crs	₹2.6412 crs	11.15%
Net Profit	₹0.0264 crs	₹-0.5693 crs	104.64%
EPS	₹0.07	₹-1.43	104.90%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6.0622 crores during the 6 Months period ended September 30, 2023 as compared to Rs.5.9707 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.0233 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.7784 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.06 for the 6 Months period ended September 30, 2023 as compared to Rs.-1.96 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹6.0622 crs	₹5.9707 crs	1.53%
Net Profit	₹0.0233 crs	₹-0.7784 crs	102.99%
EPS	₹0.06	₹-1.96	103.06%

Shares of RAS RESORTS & APART HOTELS LTD. was last trading in BSE at Rs. 45.67 as compared to the previous close of Rs. 45.67. The total number of shares traded during the day was 56 in over 2 trades.

The stock hit an intraday high of Rs. 45.67 and intraday low of 45.67. The net turnover during the day was Rs. 2557.00.

Source : Equity Bulls

Keywords

RASResortsandApartHotels Q2FY24 H1FY24 ResultUpdate