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Tag: Anant Raj Limited

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Anant Raj Limited Announces Q1 FY2025 Results with a 63.5% Surge in PAT

Jul 29, 2024 by Mansi 0 Comments #Anant Raj Limited, #PAT, #real estate sector

Anant Raj Limited, a leading name in the real estate sector, has announced its unaudited standalone financial results for the quarter ended June 30, 2024. The company has demonstrated a strong financial performance, showcasing significant growth in both income and profit metrics.

Key Financial Highlights for Q1 FY2025:

Total Income:

  • The company reported a total income of ₹284.29 crores for the quarter ended June 30, 2024, marking a substantial increase of 50.9% from ₹188.36 crores in the corresponding quarter of the previous year. This is also an improvement of 2.3% from ₹277.99 crores in the preceding quarter ended March 31, 2024.

 Total Expenses:

  • Total expenses for the quarter were ₹227.43 crores, compared to ₹153.42 crores in the same quarter last year and ₹231.78 crores in the preceding quarter. The expenses include cost of sales, employee benefits, finance costs, depreciation and amortisation, and other expenses.

 Profit Before Tax:

  • ARL’s profit before tax stood at ₹56.86 crores for the quarter, up 62.8% from ₹34.94 crores in the same period last year and 23.0% from ₹46.21 crores in the previous quarter.

 Profit for the Period (PAT):

  • The profit for the period was ₹42.28 crores, a significant increase of 63.5% from ₹25.86 crores in the corresponding quarter of the previous year. In the preceding quarter ended March 31, 2024, the profit was ₹40.83 crores, representing an increase of 3.6%.

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Anant Raj Ltd Unveils Exclusive Ultra-Luxury Residences in Gurugram Township, Setting New Standards

May 17, 2024 by Sujata 0 Comments #"THE ESTATE RESIDENCES, #4 BHK residences, #Anant Raj, #Anant Raj Cloud, #Anant Raj Limited, #Ashok Sarin, #Commercial, #Delhi, #Floors, #Group Housings, #NCR, #residential and commercial developments, #township, #Ultra Luxury Project, #Villas

Gurugram: Anant Raj Limited is currently focussing at their 200-acre integrated residential township in Sector 63A, Gurugram which has composition of Villas, Floors, Commercial and Group Housings. They recently introduced their Ultra Luxury Project, “THE ESTATE RESIDENCES,” featuring just 248 units of spacious 4 BHK residences, totalling over 1.00 million sq. ft. of saleable area. The market response to this project has been overwhelmingly positive, with units sold within a few days of launch. It is believed that Anant Raj has plans to introduce more projects within this township in various phases over the coming years. These launches will also include 3-4 Group Housings.

THE ESTATE RESIDENCES

In addition to the above township Anant Raj also possess significant land holdings, approximately 100 acres in Delhi and another 100 acres in NCR. Development of lands in Delhi is said to commence once the Master Development Plan 2041 of Delhi is notified.

Anant Raj Limited’s Founder Chairman, Sh. Ashok Sarin, had a vision of providing quality accommodation to industrial workers residing on the outskirts of cities. And hence planned for affordable housing project in Neemrana, Rajasthan, tailored to meet the needs of industrial workers. One more such project in Tirupati, Andhra Pradesh, represents another step towards enhancing the living conditions of factory workers.

Anant Raj boasts a rich legacy spanning more than five decades, marked by numerous investments across various sectors. With a diversified portfolio that includes a range of completed projects, encompassing both residential and commercial developments in Delhi, NCR, and several other cities.

Additionally, Anant Raj Cloud, a 100% subsidiary of Anant Raj Limited is spearheading the development of Tier-III and Tier-IV Data Centers with a total capacity of up to 307 MW. The company plans to invest over Rs 10,000 crores over the next 5 years.