Anant Raj's Profit Soars 63.5% in Q1 FY25, Driven by Strong Revenue Growth
Real estate developer Anant Raj Limited has reported a significant 63.5% rise in net profit for Q1 FY25, driven by strong revenue growth and improved profitability.
Real EstateAnant Raj LimitedQ1 Fy25 ResultsProfit GrowthRevenue GrowthReal EstateJul 27, 2024
The company's profit after tax (PAT) for the quarter ended June 30, 2024, stood at ₹42.28 crores, up from ₹25.86 crores in the corresponding quarter of the previous year. This significant growth in profitability was driven by a 50.9% increase in total income, which stood at ₹284.29 crores compared to ₹188.36 crores in the same quarter last year.
The company's total expenses for the quarter amounted to ₹227.43 crores, an increase of 48.2% from ₹153.42 crores in the same period last year. However, the company's profit before tax (PBT) saw a 62.8% boost to ₹56.86 crores, reflecting improved profitability.
Anant Raj's strong performance in Q1 FY25 is a testament to the company's focus on delivering high-quality projects and its ability to capitalize on the growing demand for housing in the Indian market. The company's management has expressed confidence in sustaining this growth momentum in the coming quarters.
Information
Anant Raj Limited is a leading Indian real estate developer with a strong presence in the National Capital Region (NCR). The company has developed several landmark projects in the region, including residential complexes, commercial spaces, and hospitality projects.
Anant Raj Limited is a renowned real estate developer with a track record of delivering high-quality projects. The company is committed to providing innovative and sustainable solutions to its customers, and has established itself as a leader in the Indian real estate industry.
Frequently Asked Questions
What is Anant Raj Limited's net profit for Q1 FY25?
₹42.28 crores
What is the percentage growth in Anant Raj Limited's net profit for Q1 FY25?
63.5%
What is Anant Raj Limited's total income for Q1 FY25?
₹284.29 crores
What is the percentage growth in Anant Raj Limited's total income for Q1 FY25?
50.9%
What is the company's focus area for sustaining growth momentum?
Delivering high-quality projects and capitalizing on the growing demand for housing in the Indian market.
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