IGI Logo

Anant Raj Limited, a leading name in the real estate sector, has announced its unaudited standalone financial results for the quarter ended June 30, 2024. The company has demonstrated a strong financial performance, showcasing significant growth in both income and profit metrics.

Key Financial Highlights for Q1 FY2025:

Total Income:

* The company reported a total income of Rs.284.29 crores for the quarter ended June 30, 2024, marking a substantial 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:

* Total expenses for the quarter were 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.

Profit Before Tax:

* ARL'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.

Profit for the Period (PAT):

* 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%.

Above views are of the author and not of the website kindly read disclaimer