Ras Resorts and Apart Hotels Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 25.87 million compared to INR 17 million a year ago. Revenue was INR 26.41 million compared to INR 18.14 million a year ago. Net loss was INR 5.69 million compared to net income of INR 0.67 million a year ago. Basic loss per share from continuing operations was INR 1.43 compared to basic earnings per share from continuing operations of INR 0.17 a year ago.
For the six months, sales was INR 58.53 million compared to INR 28.83 million a year ago. Revenue was INR 59.71 million compared to INR 3,020.2 million a year ago. Net loss was INR 7.78 million compared to net income of INR 0.043 million a year ago. Basic loss per share from continuing operations was INR 1.96 compared to basic earnings per share from continuing operations of INR 0.01 a year ago.