Anant Raj Q2 Results: Profit jumps 31%, revenue grows 23% YoY

Real estate developer Anant Raj Ltd on Friday reported a strong performance for the September quarter (Q2 FY26), posting a 30.8% year-on-year rise in net profit to ₹138.12 crore, compared with ₹105.58 crore in the same period last year.Revenue from operations grew 23% YoY to ₹630.08 crore, while EBITDA surged 48.3% to ₹167.97 crore, reflecting improved operational efficiency.Operating margins expanded to 26.6% from 22.1%, signalling better cost management and higher realisations.The company said it remains net cash positive, having prepaid debt worth ₹125 crore during the quarter.On the development front, Anant Raj highlighted continued progress on its luxury high-rise residential project “The Estate One” at Golf Course Extension Road, Sector 63A, Gurugram, spread over 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.Further, approvals for Group Housing-3 over 5.2 acres are progressing as scheduled, with launch expected in Q4 FY26.The company noted that 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.Ahead of the earnings announcement, shares of Anant Raj Ltd closed 0.32% lower at ₹621.30 on the NSE.

Source link