Anant Raj Limited (515055) Q1 22/23 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for Q1 FY23, showing strong year-over-year growth in revenue and profit.

• Allotment of 29 million equity shares via conversion of warrants, increasing paid-up capital.

• Issuance of 250 secured, unlisted, redeemable, non-convertible debentures on private placement.

Financial highlights

• Standalone revenue from operations rose to Rs. 142.74 crore, up from Rs. 63.20 crore in Q1 FY22.

• Standalone net profit increased to Rs. 21.09 crore from Rs. 8.61 crore year-over-year.

• Consolidated revenue from operations reached Rs. 159.39 crore, up from Rs. 62.18 crore in Q1 FY22.

• Consolidated net profit rose to Rs. 23.78 crore from Rs. 7.10 crore year-over-year.

• Basic EPS (consolidated) at Rs. 0.84 vs. Rs. 0.25 in Q1 FY22.

Outlook and guidance

• No explicit forward-looking guidance provided; management continues to review revenue and cost estimates periodically.