Ras Resorts & Apart Hotels Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 21.905 million against INR 22.965 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 3.525 million against INR 4.680 million a year ago. Profit from ordinary activities before tax was INR 2.841 million against INR 3.828 million a year ago. Net profit from ordinary activities after tax was INR 1.869 million against INR 2.434 million a year ago. Basic and diluted earnings per share were INR 0.47 against INR 0.61 a year ago. For the nine months, the company reported net sales/income from operations of INR 64.314 million against INR 61.765 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 7.850 million against INR 9.217 million a year ago. Profit from ordinary activities before tax was INR 5.822 million against INR 6.316 million a year ago. Net profit from ordinary activities after tax was INR 3.929 million against INR 3.934 million a year ago. Basic and diluted earnings per share were INR 0.99 against INR 0.99 a year ago.