Anant Raj Ltd Posts Impressive Q1 FY2025 Results with 63.5% Jump in Profit After Tax
Anant Raj Limited, a prominent player in the real estate sector, has announced its unaudited standalone financial results for Q1 FY2025, showcasing a significant surge in profit metrics.
Real EstateAnant Raj LimitedQ1 Fy2025 ResultsProfit After TaxFinancial PerformanceReal EstateJul 28, 2024
In Q1 FY2025, Anant Raj Limited reported a total income of Rs 284.29 crores, marking a significant increase of 50.9% from Rs 188.36 crores in the corresponding quarter of the previous year. This is also an improvement of 2.3% from Rs 277.99 crores in the preceding quarter ended March 31, 2024.
Total expenses for the quarter stood at Rs 227.43 crores, compared to Rs 153.42 crores in the same quarter last year and Rs 231.78 crores in the preceding quarter. The expenses include cost of sales, employee benefits, finance costs, depreciation and amortisation, and other expenses.
The company's profit before tax stood at Rs 56.86 crores for the quarter, up 62.8% from Rs 34.94 crores in the same period last year and 23.0% from Rs 46.21 crores in the previous quarter.
The profit for the period was Rs 42.28 crores, a significant increase of 63.5% from Rs 25.86 crores in the corresponding quarter of the previous year. In the preceding quarter ended March 31, 2024, the profit was Rs 40.83 crores, representing an increase of 3.6%.
Information
Anant Raj Limited is a leading real estate company in India, known for its expertise in developing high-quality residential and commercial projects.
Anant Raj Limited is a reputed real estate company in India, with a strong presence in the NCR region. The company has a diverse portfolio of projects, including residential, commercial, and retail spaces.
Keywords Real Estate, Anant Raj Limited, Q1 FY2025 Results, Profit After Tax, Financial Performance
Frequently Asked Questions
What is the total income of Anant Raj Limited in Q1 FY2025?
Rs 284.29 crores
What is the percentage increase in profit after tax in Q1 FY2025 compared to the same quarter last year?
63.5%
What is the profit before tax of Anant Raj Limited in Q1 FY2025?
Rs 56.86 crores
What is the total expense of Anant Raj Limited in Q1 FY2025?
Rs 227.43 crores
What is the percentage increase in total income of Anant Raj Limited in Q1 FY2025 compared to the same quarter last year?
50.9%
Related News Articles
Pune's Residential Real Estate Market Sees Record High Prices Amidst Slowing Sales
The average home price in Pune has surged by 8.92% to a record high of Rs 6,298 per sq ft, despite a decline in sales volume and inventory overhang.
Birla Estates Snaps Up Prime Land in Mumbai for Mega Development Project
Birla Estates, the real estate arm of the Aditya Birla Group, has acquired a massive 24.5-acre land in Mumbai for a whopping Rs 537.42 crore.
Redefining Comfortable Living with RNA NG Aroma
RNA NG Aroma, a leading real estate company in Mumbai, is revolutionizing the concept of comfortable living through innovative projects and top-notch construction standards.
Alok Aggarwal Takes the Helm as Chairman of Indian REITs Association
The Indian Real Estate Investment Trusts (REITs) Association has announced the appointment of Alok Aggarwal as its new Chairman. The founding members of the association include prominent entities such as Brookfield India Real Estate Trust, Embassy Office
WeWork India Secures Major 1.26 Lakh Sq Ft Lease in Mumbai's Powai for ₹1.38 Crore Monthly Rent
WeWork India has secured a significant lease agreement for 1.26 lakh square feet of commercial space in the Lightbridge building, located in the Saki Vihar area of Powai, Mumbai. The deal, valued at ₹1.38 crore per month, underscores WeWork's strategic ex
CIDCO Housing Scheme: Homebuyers Raise Concerns Over Reduced Apartment Sizes
CIDCO's housing scheme, initially hailed as a solution to affordable housing, has faced backlash from homebuyers due to the unexpected reduction in apartment sizes. Despite high prices, the scheme has left many dissatisfied.