Rs 25,000 Crore Data Centre MoU Boosts Anant Raj Shares by 5%
Shares of Anant Raj Ltd rallied nearly 5 per cent in early trade on Tuesday after the real estate and infrastructure developer announced a major investment plan to expand its digital infrastructure business in Haryana. The stock climbed as much as 4.6 per cent to an intraday high of Rs 563.25. It opened at Rs 560 and touched a low of Rs 546 during the session. The company’s market capitalisation stood at around Rs 19,850 crore.
Anant Raj said it has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC) to develop data centre and cloud infrastructure projects in the state. The agreement was formalised on June 1, 2026, during the launch of the “Make in Haryana Policy & Other Sectoral Policies” event, which was presided over by Haryana Chief Minister Nayab Singh Saini.
According to the company, the partnership is aimed at supporting the expansion of its Digital Infrastructure Business, which includes data centre operations and cloud services. Under the MoU, Anant Raj plans to invest around Rs 25,000 crore in building data centres and cloud infrastructure across Haryana. The proposed investment comes amid rising demand for artificial intelligence (AI), cloud computing, and data storage services.
The framework for the project involves multiple state government departments and agencies, including the Haryana Enterprises Promotion Centre, the Department of Information Technology, Electronics & Communication, the Haryana State Electronics Development Corporation, the Citizen Resources Information Department, and the Department of Industries & Commerce. The company said the Haryana government, through HEPC, will provide facilitation support and assistance related to ease of doing business to help accelerate project implementation.
Anant Raj said the agreement is intended to foster long-term cooperation with the state government while helping position Haryana as a key destination for next-generation digital infrastructure investments. The company clarified that the MoU does not involve any shareholding arrangement, issuance of equity, special rights, or related-party transactions. It is focused solely on enabling investments and operational expansion within the state.
Anant Raj shares have been among the stronger performers in the real estate sector over the past few years. The stock has gained nearly 254 per cent over the last three years. The company reported a consolidated net profit of Rs 146.60 crore for the March quarter, up 23.57 per cent from Rs 118.64 crore in the corresponding quarter of the previous fiscal year.
Revenue from operations rose 19.64 per cent year-on-year to Rs 646.81 crore in Q4 FY26, compared with Rs 540.65 crore a year earlier. For the full financial year, Anant Raj posted a consolidated profit after tax (PAT) of Rs 557.02 crore, marking a 30.81 per cent increase from Rs 425.82 crore in FY25, according to a regulatory filing. The company's consolidated total income climbed 22.80 per cent to Rs 2,579.08 crore in FY26 from Rs 2,100.28 crore in the previous financial year, reflecting continued growth across its business segments.
On a quarterly basis, consolidated total income increased 22.60 per cent to Rs 675.41 crore in Q4 FY26 from Rs 550.90 crore in the year-ago period. Consolidated net profit for the quarter stood at Rs 148.71 crore, up 25.19 per cent from Rs 118.79 crore reported in Q4 FY25.
