Anant Raj Limited Reports 78% Increase in PAT for Q2 FY2025

New Delhi / October 29, 2024: Anant Raj Limited reported a strong growth in revenue, profit, and shareholder returns in its financial results for the quarter ending September 30, 2024, the company said in a statement.  

The company reported a 78% year-over-year increase in Profit After Tax (PAT), which rose to Rs 104.44 crores from Rs 58.74 crores in Q2 FY2024. Revenue from operations saw a significant 54% boost, reaching Rs 512.85 crores, compared to Rs 332.28 crores during the same period last year, the statement added.  

Additionally, Earnings Per Share (EPS) climbed by 67% to Rs 3.09, from Rs 1.85 in Q2 FY2024, further underscoring the company’s solid financial position and value to shareholders.

In line with its vision for sustainable expansion, the Board also approved key initiatives to fuel future growth, including a Qualified Institutional Placement (QIP) to raise up to Rs 2,000 crores for expansion and development projects. These steps align with Anant Raj’s dedication to enhancing its market presence and delivering greater value to its stakeholders, the statement said.