 Attoor Ravi Varma received the Kerala Sahitya Akademi Award for Poetry for his poetry anthology, "Attoor Ravi Varmayute Kavitakal" in 1996. and he received the Asan Smaraka Kavitha Puraskaram in 1997, the same year as he received the Kerala Sahitya Akademi Award for Translation for "Oru Pulimarathinte Katha", his translation of the debut novel by Sundara Ramaswamy The Sahitya Akademi chose the anthology, "Attoor Ravi Varmayute Kavitakal", for their annual award in 2001 and the second part of "Attoor Ravi Varmayute Kavitakal" fetched him the P. Kunhiraman Nair Award in 2005.The Government of Kerala honoured Ravi Varma with their highest literary award of Ezhuthachan Award in 2012 adn three years later, he received the 2015 "Vani Samnvay Distinguished Translator Award" The Kerala Sahitya Akademi inducted him as a distinguished fellow in 2017.He is also a recipient of the Translation prize by Kendra Sahitya Akademi, Premji Award, E. K. Divakaran Potti Award ad Mahakavi Pandalam Kerala Varma Kavitha Award.