Net sales increased by 32.1% to Rs 332.28 crore during the quarter as compared with the same period last year.
Total expenditure in the second quarter rose by 18.5% YoY to Rs 252.42 crore, primarily due to a sharp spike in development & construction costs (up 19% YoY).
Profit before tax in Q2 FY24 stood at Rs 76.15 crore, up by 81.2% from Rs 42.03 crore in Q2 FY23.
Anant Raj is one of the largest real estate developers in the Delhi and NCR region.
The scrip tumbled 4.19% to currently trade at Rs 227.30 on the BSE.
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