Anant Raj Limited (515055) Q4 23/24 earnings summary

Executive summary

• Board approved audited standalone and consolidated results for Q4 and FY24, with a final dividend of 36.5% (Re. 0.73/share) recommended, subject to AGM approval.

• Auditors issued unmodified opinions on both standalone and consolidated results.

• Results published on company and stock exchange websites.

Financial highlights

• Consolidated FY24 revenue: Rs. 1,520.74 cr (up from Rs. 1,004.86 cr in FY23); Q4 revenue: Rs. 453.12 cr (up from Rs. 289.89 cr in Q4FY23).

• Consolidated FY24 net profit: Rs. 265.93 cr (up from Rs. 151.12 cr in FY23); Q4 net profit: Rs. 84.01 cr (up from Rs. 48.44 cr in Q4FY23).

• Standalone FY24 revenue: Rs. 896.68 cr (up from Rs. 718.16 cr in FY23); Q4 revenue: Rs. 277.99 cr (up from Rs. 175.81 cr in Q4FY23).

• Standalone FY24 net profit: Rs. 130.02 cr (up from Rs. 106.62 cr in FY23); Q4 net profit: Rs. 40.83 cr (up from Rs. 27.75 cr in Q4FY23).

• Final dividend of Re. 0.73 per share (face value Rs. 2) for FY24 recommended.

Outlook and guidance

• Management expects continued focus on real estate development, with no change in segmental focus.

• No explicit forward-looking financial guidance provided.