Anant Raj Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Anant Raj Limited delivered robust financial results for the quarter and half-year. Q2 revenue climbed 23% YoY to INR 630.79 Cr, with PAT up 30.79% to INR 138.18 Cr. The company is now net cash positive, following a successful INR 1,100 Cr QIP and INR 125 Cr debt prepayment. Data Center operations saw 28 MW delivered, targeting 63 MW by December '26 and 117 MW by FY'28. Real estate launches and approvals are on schedule. The sovereign Ashok Cloud, launched in October '24, shows strong demand, with Data Center EBITDA margins at 75%. Management is confident about sustained growth and long-term value creation.