Anant Raj Q2 Results: Profit Surges 31%, Revenue Grows 23% YoY
Anant Raj Ltd, a prominent real estate developer, has reported a robust performance for the September quarter (Q2 FY26), with a 30.8% year-on-year rise in net profit to ₹138.12 crore, compared to ₹105.58 crore in the same period last year. This significant increase is supported by strong real estate activity and the expansion of projects in Gurugram’s luxury housing and township segments.
Revenue from operations grew by 23% YoY to ₹630.08 crore, while EBITDA surged 48.3% to ₹167.97 crore, reflecting improved operational efficiency. The company's operating margins expanded to 26.6% from 22.1%, signaling better cost management and higher realizations.
Anant Raj remains net cash positive, having prepaid debt worth ₹125 crore during the quarter. This financial prudence is a key factor in the company's ability to continue expanding its projects and maintaining a strong market position.
On the development front, Anant Raj highlighted continued progress on its luxury high-rise residential project, “The Estate One,” located at Golf Course Extension Road, Sector 63A, Gurugram. The project spans 5.08 acres with a total area of 1.09 million sq. ft. The company has also commenced Phase IV of Anant Raj Estate, an additional 6.07-acre expansion with 5 lakh sq. ft. of development potential.
Approvals for Group Housing-3 over 5.2 acres are progressing as scheduled, with the launch expected in Q4 FY26. The company noted that the delivery of Project Navya, a 50:50 joint venture with Birla Estates under Avama Projects LLP, is expected to commence from December 2025.
Meanwhile, the Ashok Estate project, spread across 20 acres with 1.34 million sq. ft. of development, is nearing completion. This project is a significant addition to Anant Raj's portfolio and is expected to contribute substantially to the company's revenue in the coming quarters.
Ahead of the earnings announcement, shares of Anant Raj Ltd closed 0.32% lower at ₹621.30 on the NSE. Despite the slight dip, the strong financial performance and robust project pipeline indicate a positive outlook for the company in the near future.
