Outcome of Board meeting of Ras Resorts and Apart Hotels Limited held on 17th May, 2025
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Ras Resorts & Apart Hotels Ltd held a board meeting on May 17, 2025. The board reappointed promoter Smt. Nalini Shewakramani as Whole Time Director for another 3-year term. It also approved audited financial results for Q4 and full year ended March 31, 2025, with an unmodified auditor opinion from Khandelwal & Mehta LLP. For FY25, total revenue stood at ₹1,322.71 lakhs versus ₹1,329.99 lakhs in FY24, while net profit jumped about 79% to ₹32.74 lakhs from ₹18.30 lakhs, lifting EPS to ₹0.82 from ₹0.46. However, Q4 FY25 was weak, with net profit of just ₹1.10 lakhs versus ₹50.74 lakhs in Q4 FY24. Only the Hoteliering segment is operational; Real Estate remains in pre-operative stage. Outstanding borrowings edged down to ₹3.92 crore from ₹4.24 crore.
Full-year profit growth and a clean audit opinion are positives, but the sharp drop in Q4 earnings and reliance on a single hotel segment suggest mixed near-term prospects for shareholders.