Anant Raj Q1 profit jumps 38% YoY, revenue up 25%, eyes data growth
ADVERTISEMENT Consolidated revenue from operations grew 25.5% YoY to Rs 592.41 crore, up from Rs 471.83 crore in Q1 FY25. Sequentially, revenue was also higher than Rs 540.65 crore recorded in Q4 FY25.
Total income stood at Rs 602.40 crore, while total expenses were Rs 452.02 crore, including cost of sales (Rs 424.23 crore), employee benefits (Rs 5.99 crore), and finance costs (Rs 2.37 crore).
The company reported a profit before tax of Rs 150.38 crore. After tax expenses of Rs 25.73 crore, profit after tax before share of associates stood at Rs 124.65 crore. Including its Rs 1.25 crore share from jointly controlled entities, the consolidated net profit reached Rs 125.90 crore.On a standalone basis, Anant Raj reported total income of Rs 371.04 crore in Q1 FY26, compared to Rs 284.29 crore in Q1 FY25. Standalone profit before tax rose to Rs 82.72 crore, while profit after tax stood at Rs 69.70 crore, reflecting consistent quarter-on-quarter growth.
As part of its diversification strategy, Anant Raj is also enhancing its data center footprint. Its upcoming Panchkula Data Center is scheduled to go live in early August 2025.
(You can now subscribe to our ETMarkets WhatsApp channel)

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Deccan Herald
42 minutes ago
- Deccan Herald
Social Welfare Minister Mahadevappa defends Rs 11k cr SC/ST funds for guarantees
For 2025-26, the Scheduled Castes Sub-Plan and Tribal Sub-Plan (SCSP-TSP) have Rs 42,017.51 crore. This includes Rs 29,991.69 crore under SCSP and Rs 12,025.82 crore under TSP.


Time of India
an hour ago
- Time of India
Govt mulls web portal for pvt vehicle owners to clear Rs 8 crore dues
Bhubaneswar: State govt is planning the implementation of a web-based system to address concerns over unpaid dues, amounting to Rs 8 crore, owed to owners of private vehicles hired by various departments. Tired of too many ads? go ad free now The issue was discussed during a high-level meeting presided over by chief secretary Manoj Ahuja recently. The meeting's minutes revealed a push toward modernising the payment system. "A comprehensive web portal should be developed in collaboration with the National Informatics Centre. The substantial outstanding dues of Rs 8 crore shall be cleared by the transport department following necessary re-appropriation from current budgetary allocations. Any shortfall in the non-programme head will be addressed during the supplementary budget," the minutes read. The transport department has highlighted that govt departments regularly requisition private vehicles for various official purposes, including election duties, administrative work and emergency services. Under the current framework, regional transport officers (RTOs) facilitate arrangement of vehicles at the behest of district collectors. "However, the role of RTOs is strictly limited to vehicle procurement, while the payment responsibility lies with the requisitioning departments, which often face delays in funds disbursement," a transport official said. "The delay in payments has led to frustration among vehicle owners, who frequently resort to protests at RTO offices demanding their rightful compensation. These grievances have increasingly been escalated to the transport department, necessitating a comprehensive solution to this recurring problem," the minutes stated. Tired of too many ads? go ad free now The transport department had earlier approached departments concerned regarding the release of pending dues, but the results were less than satisfactory. Recognising the need for a systemic change, the govt is now focusing on streamlining the payment process through technological intervention. The proposed web-based system will introduce standardised operating procedures for vehicle requisition across all departments. The portal will handle all vehicle requests. RTOs will proceed with arrangements only after receiving online approval from collectors. The proposed framework will allow willing vehicle owners to register their vehicles on the portal, providing detailed information about their vehicles and availability. The digital database will significantly enhance the ability of RTOs to efficiently match requirements with available resources. Additionally, the govt is considering an alternative approach of implementing a tender-based system for empanelling interested vehicle owners, creating a pre-approved pool of service providers for future requirements. "The transport department will be allocated a specific budget for vehicle hiring, ensuring prompt payments through direct online transfers to vehicle owners' accounts, thereby eliminating intermediary delays and enhancing transparency in the entire process," the official said.


Time of India
an hour ago
- Time of India
Recharging tourism: Guided tour of city on AC e-buses likely from Sept
New Delhi: Delhi govt is going to expand its city tourism services by engaging two electric buses from Delhi Transport Corporation. Officials said that these buses would start from the Delhi Tourism's office at Baba Kharak Singh Marg and cover the city's popular tourist spots along with some new landmarks before dropping the passengers back from where it started. Delhi Tourism and Transportation Development Corporation has entered into an agreement with DTC to hire air-conditioned electric buses. "We hope to start the service by Sept 1 after getting the buses branded in special wrapping promoting Delhi as a tourist destination, and training of guides," said a DTTDC official. The buses will cover several destinations, including Connaught Place, Police Memorial, historical monuments, Pradhanmantri Sangrahalaya and Dilli Haat. The buses will stop at certain destinations for a fixed time to allow the tourists to take a quick round. The proposed ticket price is Rs 500 for adults and Rs 300 for children aged between 6 and 12. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi Officials said that each bus would have a seating capacity of 32 passengers. There are also plans to introduce an audio translation service for which headsets with multiple language options will be provided. DTTDC planned to start six theme-based tours covering Delhi's heritage monuments, food streets, markets, shopping malls and museums before the G20 Summit in Sept 2023. The plan, however, was shelved considering that not many tourists may be interested in theme-based circuits and would rather prefer one consolidated tour covering all important destinations. A senior DTTDC official said that the department might consider expanding the service and engaging more buses to run on different circuits after evaluating the response to the soon-to-start city tours. Depending on the number of tourists booking for a city tour or for a trip outside Delhi, DTTDC provides cars as well as bigger vehicles on rent.