Anant Raj Ltd., a prominent real estate developer in India, experienced a 4% surge in its share price following the release of its impressive Q3 FY24 earnings on February 3, 2025. Despite a trading dip of 4.61% to ₹608.95 at 9:22 AM, the company reported a remarkable 36.2% year-on-year revenue growth, totaling ₹534 crore compared to ₹392 crore in the same quarter last year.
The company’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) increased by 47.1% year-on-year, reaching ₹133.1 crore, with the EBITDA margin expanding by 200 basis points to 24.9%, up from 23.1% in the previous year. Net profit for the December quarter surged by 55% year-on-year to ₹110 crore, highlighting robust business execution and rising demand in the real estate sector.
Anant Raj shares opened at ₹635.00, with a high of ₹635.00 and a low of ₹606.05 during the trading session. Over the past year, the stock has fluctuated between a peak of ₹947.90 and a low of ₹281.00.