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Anant Raj Limited Q3 revenue jumps 36% to INR 544 crore, net debt drops to INR 54 crore

#Taxation & Finance News#India
Last Updated : 10th Feb, 2025
Synopsis

Anant Raj Limited reported a 36% year-on-year revenue growth in Q3 FY25, reaching INR 544 crore. EBITDA rose 45% to INR 143 crore, while profit after tax surged 55% to INR 110 crore. The company cut net debt to INR 54 crore from INR 96 crore, reinforcing its financial strength. Anant Raj is expanding into the data centre sector, launching a 6 MW IT load facility in Manesar, with plans for 22 MW more. It also introduced Ashok Cloud, India's first sovereign cloud platform. With ongoing real estate projects and new launches ahead, the company is poised for further growth.

Anant Raj Limited, a key player in India's real estate and infrastructure sector, has announced significant financial results for the third quarter of FY25. The company achieved a remarkable 36% year-on-year growth, reaching a revenue of INR 544 crores. This performance underscores the increasing demand for real estate and infrastructure in India, positioning Anant Raj as a leader in the industry.


The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) for Q3 FY25 rose to INR 143 crores, marking a 45% increase compared to the previous year. Additionally, profit before tax (PBT) increased by 53% to INR 132 crores, while profit after tax (PAT) climbed 55% to INR 110 crores. These figures reflect Anant Raj's strong profitability, driven by a diversified project portfolio and effective cost management strategies.

One of the major highlights of Anant Raj's recent performance is its efforts to reduce debt. The company successfully lowered its net debt to INR 54 crores in Q3 FY25, down from INR 96 crores in the previous quarter. This reduction demonstrates the company's commitment to maintaining a healthy balance sheet and disciplined financial management.

In addition to its financial achievements, Anant Raj is making strides in the data centre sector. The company has launched a 6 MW IT load data centre in Manesar and plans to expand its capacity by an additional 22 MW across its facilities in Manesar and Panchkula. This growth aligns with the rising demand for data centres in India, driven by technological advancements and data localization policies.

Moreover, Anant Raj has partnered with Orange Business to introduce 'Ashok Cloud,' which represents India's first sovereign cloud platform. Initially offering Infrastructure as a Service (IaaS) with a 0.5 MW IT load, Ashok Cloud is expected to expand in response to the increasing need for cloud services across various industries. This initiative positions Anant Raj to tap into the rapidly growing data centre and cloud market in India.

The company is also progressing on several real estate projects. Construction of The Estate Residences (Group Housing 1) is ongoing, and the Anant Raj Ashray ? 2 development in Tirupati is on schedule for timely completion. Additionally, the handover of Birla Navya Phase 1 has begun, and Anant Raj plans to launch its new Independent Floors offering, The Estate Apartments, in Q4 FY25. Furthermore, Birla Navya Phase 4 has received approval for its building plans, with a launch expected in the same quarter, following RERA registration.

As Anant Raj Limited continues to expand its portfolio and improve its financial health, the company is well-positioned to capitalize on the growing opportunities in India's real estate and infrastructure sectors. With its focus on innovation and strategic partnerships, Anant Raj is set to play a significant role in shaping the future of these industries in the country.

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