India's real estate and infrastructure development major player, Anant Raj Limited, has reported an outstanding performance for the Q3 FY25, as the company has reported a robust 36 per cent year-on-year growth, reaching Rs544 crores. The impressive growth has positioned the company as an industry leader, reflecting real estate and infrastructure demand.
The company's EBITDA for Q3 FY25 reached Rs143 crores, a notable leap of 45 per cent YoY, indicating improved operational efficiencies and robust financial health. Additionally, Profit before tax (PBT) witnessed
a rise of 53 per cent, reaching Rs132 crores, and the Profit after tax (PAT) reflected an increase of 55 per cent, to Rs110 crores. These numbers highlighted the company's strong profitability, driven by the diversified project portfolio and strategic cost management initiatives.
Anant Raj Ltd's performance for FY25 has already surpassed its full-year figure from FY24, reflecting a sustained growth trajectory and its ability to adapt to the shifting market dynamics.
The major highlight for the company has been reducing its debt. In Q3 FY25, Anant Raj reduced its net debt to Rs54 crores, down from Rs96 crores in Q2 FY25. This achievement reflects the company's disciplined financial management approach and commitment to strengthening its balance sheet.
Furthermore, the company has made strides in the data centre sector, having operationalised a 6 MW IT load data centre at Manesar. The company will add another 22 MW IT load through its planned expansions at Manesar and Panchkula, boosting its capacity to 28 MW. This growth comes when the demand for data centres rises, fueled by advancements in AI and data localisation policies in India.
Moreover, in collaboration with Orange Business, Anant Raj launched 'Ashok Cloud', marking the debut of India's sovereign cloud platform. Initially offering Infrastructure as a Service (IaaS) on a 0.5 MW IT load, Ashok Cloud is poised for expansion to meet the growing demand for cloud services across industries. This positions Anant Raj to capitalise on India's fast-growing data centre and cloud market.
The construction of The Estate Residences (Group Housing 1) is underway, and Anant Raj Ashray – 2 development in Tirupati remains on track for timely delivery. With Birla Navya Phase 1, the handover has started. The company is set to launch its latest Independent Floors offering, branded as The Estate Apartments, in Q4 FY25. Also, Birla Navya Phase 4 has received approval for its building plans, and the project is expected to launch in Q4 FY25, following RERA registration.