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Anant Raj Reports Revenues of ₹544 Crore in Q3 FY25, up 36% YoY

New Delhi, February 3, 2025: Real estate developer Anant Raj Limited has reported revenue of INR 544 crore in its third quarter of financial year 2024-25FY25, a figure that is 36 per cent higher in year-0n-year (YoY) terms.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for Q3 FY25 stood at INR 143 crore, up 45 per cent YoY. Profit before tax (PBT) for Q3 FY25 grew 53 per cent YoY to INR 132 crore; profit after tax (PAT) in Q3 FY25 jumped by 55 per cent YoY to INR 110 crore.

Anant Raj has reported that 9M FY25 revenue, EBITDA, and PAT have exceeded the full-year performance of FY24, reflecting strong business momentum and sustained growth trajectory. The company continues to significantly reduce its debt; Net debt ending Q3 FY25 stood at INR 54 crore vs INR 96 crore in Q2 FY25.

Among other highlights, Anant Raj Ltd has operationalized 6 MW IT load data center at Manesar, with an additional 15 MW at Manesar and 7 MW at Panchkula on track, bringing the total capacity to 28 MW IT Load.

It has successfully launched Bharat’s own sovereign cloud platform, ‘Ashok Cloud,’ on 0.5 MW IT Load in collaboration with Orange Business, initially offering Infrastructure as a Service (IaaS). With plans to expand cloud infrastructure, including IaaS and colocation services, the company remains well-positioned to capitalize on the growing demand for data centers driven by AI advancements, data localization, and India’s under-penetrated data infrastructure market.

Promoter’s holding remains unchanged at 60.00 per cent in Q3 of FY 25. Mutual Funds have increased their holdings from 4.98 per cent to 5.07 per cent in the quarter. The number of Mutual Fund schemes has increased from 14 to 17; FII/FPI (Foreign Institutional Investors/Foreign Portfolio Investors) holdings have risen slightly, from 13.04 per cent to 13.07 per cent in the quarter. The number of FII/FPI investors has increased from 185 to 209; institutional investors have increased their holdings from 19.73 per cent to 19.78 per cent in the quarter.

Construction for The Estate Residences (Group Housing 1) has begun; work is progressing at full swing. Construction has already commenced in Anant Raj Ashray – 2, Tirupati and is progressing at full speed, staying on track for timely delivery.

The handover process for Birla Navya Phase 1 has commenced. New version of Independent Floors, branded as The Estate Apartments, is in advanced stage for launch in Q4FY25. The sample apartment is ready, and soft discussions are already underway in the market.

The approval process for the recently acquired 11.35 acres is in its advanced stage, with the Letter of Intent for land conversion already received. Building plans for Birla Navya Phase 4 have been approved, RERA application has been submitted, and the project is expected to be launched in Q4FY25.

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