Anant Raj Limited has announced the results for the December quarter of the current financial year. The company has informed in the exchange filing that it has performed brilliantly.
The company's profit has increased by 55%. Real estate and data center infrastructure company Anant Raj Limited released its December quarter results after market close on Saturday. The company has recorded a significant increase in revenue and profit.
Key business figures
- Earnings figures: ₹534 crore (up 36.2% over last year)
- EBITDA: ₹133.1 crore (jumped 47.1%)
- EBITDA margin: 24.9% (was 23.1% last year)
- Net profit: ₹110 crore (55% jump)
Shares in turmoil
Recently, due to the emergence of Chinese AI startup DeepSeek, there was a huge sell-off in US tech companies, which also affected the shares of Indian companies like Anant Raj and Netweb Technologies. The company's shares fell sharply in three sessions on January 24, 27 and 28.
In a clarification issued on Wednesday, the company said that due to the current trend, the demand for data centers will increase further as processing is becoming more decentralized. The company believes that this change will further increase the need for data centers and computing capacity.
Anant Raj's return to the stock market
After this statement of the company, the shares rose by 10%. On Saturday, Anant Raj's shares closed 6.7% higher at ₹ 638.4. Despite the recovery, the stock is still 32% below its recent peak.