Ras Resorts and Apart Hotels Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 32.71 million compared to INR 33.77 million a year ago. Revenue was INR 33.17 million compared to INR 35.05 million a year ago. Net loss was INR 3.4 million compared to net income of INR 4.44 million a year ago. Basic loss per share from continuing operations was INR 0.86 compared to basic earnings per share from continuing operations of INR 1.12 a year ago.
For the nine months, sales was INR 92.11 million compared to INR 92.3 million a year ago. Revenue was INR 93.79 million compared to INR 94.75 million a year ago. Net loss was INR 3.24 million compared to INR 3.35 million a year ago. Basic loss per share from continuing operations was INR 0.82 compared to INR 0.84 a year ago.