ANNUAL REPORT OF RAS RESORT AND APART HOTELS LIMITED FOR THE FINANCIAL YEAR 2024-25
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Awaiting price reaction for this filing.
Ras Resorts & Apart Hotels Ltd has filed its 41st Annual Report for FY 2024-25 along with the notice for its 41st Annual General Meeting, scheduled for September 6, 2025 through video conferencing. The company reported turnover of ₹12.97 crore for FY25, marginally lower than ₹13.12 crore in FY24, while net profit rose to ₹32.75 lakh from ₹18.30 lakh, marking a second consecutive year of recovery after a small loss in FY23. EBITDA margin improved to 11.63% from 10.80% the previous year. The AGM agenda includes the appointment of Anirudh Hariani as Independent Director for three years and the re-appointment of Nalini Shewakramani as Executive Director with a monthly salary of ₹2 lakh (extendable up to ₹5 lakh). No dividend has been declared for the year.
This is a routine regulatory filing with no major surprises; the small-cap hotel company's modest profit growth and unchanged operations are unlikely to materially impact the share price. Shareholders should review the financials and vote on director appointments at the September 6 AGM.