Real estate developer Anant Raj Ltd has reported a robust September quarter (Q2 FY26), with net profit rising 30.8% year-on-year to ₹138.12 crore, driven by healthy revenue growth and improved operational efficiency. Revenue from operations climbed 23% to ₹630.08 crore, while EBITDA surged 48.3% to ₹167.97 crore, lifting operating margins to 26.6% from 22.1% a year earlier.

The company said it remains net cash positive, having prepaid ₹125 crore in debt during the quarter, and highlighted steady progress across its key residential projects in Gurugram and other developments under execution.

The company said it remains net cash positive, having prepaid debt worth ₹125 crore during the quarter.

On the development front, Anant Raj highlighted continued progress on its luxury high-rise residential project “The Estate One” at Golf Course Extension Road, Sector 63A, Gurugram, spread over 5.08 acres with a total area of 1.09 million sq. ft.

The company has also commenced Phase IV of Anant Raj Estate, an additional 6.07-acre expansion with 5 lakh sq. ft. of development potential.

Further, approvals for Group Housing-3 over 5.2 acres are progressing as scheduled, with launch expected in Q4 FY26.

The company noted that delivery of Project Navya, a 50:50 joint venture with Birla Estates under Avama Projects LLP, is expected to commence from December 2025.

Meanwhile, the Ashok Estate project, spread across 20 acres with 1.34 million sq. ft. of development, is nearing completion.

Ahead of the earnings announcement, shares of Anant Raj Ltd closed 0.32% lower at ₹621.30 on the NSE.