New Delhi, February 1, 2025 – Anant Raj Limited (NSE: ANANTRAJ, BSE: 515055) announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported robust revenue growth, driven by strong performance in its real estate operations.
Key Financial Highlights (Consolidated)
(₹ in Crores)| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 534.64 | 512.85 | 392.27 | 1,519.32 | 1,040.71 | 1,483.30 |
| Total Income | 543.97 | 523.75 | 401.02 | 1,549.38 | 1,067.62 | 1,520.74 |
| Total Expenses | 412.22 | 409.64 | 314.72 | 1,199.78 | 847.70 | 1,202.16 |
| Profit Before Tax (PBT) | 131.75 | 114.11 | 86.30 | 349.60 | 219.92 | 318.58 |
| Profit After Tax (PAT) | 110.37 | 105.65 | 71.43 | 307.03 | 181.92 | 265.93 |
| Earnings Per Share (EPS) (₹) | 3.23 | 3.09 | 2.22 | 8.98 | 5.63 | 7.96 |
- Revenue from operations surged by 36.3% YoY in Q3 FY25, reaching ₹534.64 crores, compared to ₹392.27 crores in Q3 FY24.
- PAT grew by 54.7% YoY, reaching ₹110.37 crores compared to ₹71.43 crores in the same quarter last year.
- EPS stood at ₹3.23 per share, reflecting the company's strong earnings growth.
Standalone Performance
(₹ in Crores)| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 327.84 | 297.57 | 208.16 | 891.37 | 564.03 | 798.80 |
| Total Income | 346.48 | 315.96 | 228.84 | 946.73 | 618.69 | 896.68 |
| Profit Before Tax (PBT) | 69.07 | 64.60 | 45.52 | 190.53 | 120.11 | 166.32 |
| Profit After Tax (PAT) | 58.38 | 53.39 | 35.03 | 154.05 | 89.19 | 130.02 |
| Earnings Per Share (EPS) (₹) | 1.64 | 1.52 | 1.08 | 4.39 | 2.75 | 3.91 |
- The standalone revenue witnessed a 57.5% YoY increase in Q3 FY25, driven by higher operational efficiency.
- Standalone PAT rose by 66.6% YoY, standing at ₹58.38 crores in Q3 FY25 compared to ₹35.03 crores in Q3 FY24.
Key Corporate Announcements
- Warrant Allotment: The company allotted 13,69,863 fully convertible warrants at ₹730 per warrant, raising ₹99.99 crores on a preferential basis to Shri Ashok Sarin Anant Raj LLP (Promoter Group).
- Debt Repayment: Anant Raj Limited redeemed ₹103.75 crores worth of non-convertible debentures issued on December 25, 2021, March 4, 2023, and August 1, 2023.
- No Defaults on Loans: The company confirmed no outstanding defaults on loans or debt securities.
Management Commentary
Amit Sarin, Managing Director of Anant Raj Limited, stated:Strategic Outlook
- Continued Expansion: The company plans to accelerate growth in its real estate development projects.
- Debt Reduction: Anant Raj Limited remains focused on deleveraging and strengthening its balance sheet.
- Market Positioning: The company expects sustained demand for real estate, positioning itself to capitalize on emerging opportunities in the sector.