Anant Raj Q2 Results Live: Profit Rise by 73.66% YoY

Anant Raj Q2 Results Live : Anant Raj declared their Q2 results on 28 Oct, 2024, showcasing remarkable financial growth. The company's topline surged by 54.34% year-over-year, while net profit saw an impressive increase of 73.66% compared to the same period last year.

In comparison to the previous quarter, Anant Raj reported an 8.69% growth in revenue and a 14.69% rise in profit, indicating a consistent upward trajectory.

However, the company's Selling, General, and Administrative expenses saw a slight uptick of 0.99% quarter-over-quarter and a more substantial rise of 12.06% year-over-year, reflecting increased operational costs.

Operating income also demonstrated positive growth, increasing by 7.42% quarter-over-quarter and 38.46% year-over-year, underscoring the firm's efficiency in managing its core operations.

Earnings per share (EPS) for Q2 stood at ₹3.09, marking a significant growth of 67.03% year-over-year, reinforcing the company's profitability.

Despite a minor setback with a -0.83% return in the last week, Anant Raj has delivered an impressive 88.3% return over the past six months and a staggering 131.57% year-to-date.

Currently, Anant Raj boasts a market capitalization of ₹23,363.1 crore, with a 52-week high of ₹796.25 and a low of ₹230.3, showcasing its strong market position.

As of 30 Oct, 2024, out of one analyst covering the company, there is unanimous support with a 'Buy' rating, reflecting confidence in Anant Raj's growth trajectory.