Anant Raj , a prominent real estate developer, has announced strong financial results for the fourth quarter of fiscal year 2024-25, showcasing significant growth in both revenue and profitability.

Quarterly Performance Highlights

The company reported a consolidated net profit of ₹118.79 crore for Q4 FY2024-25, marking a substantial 41.4% increase from ₹84.01 crore in the same quarter of the previous year. This impressive growth in profitability underscores Anant Raj's robust operational performance and effective cost management strategies.

Revenue from operations also saw a notable uptick, reaching ₹540.65 crore in Q4, compared to ₹442.59 crore in the corresponding quarter of the previous fiscal year, representing a 22.2% year-on-year growth.

Key Financial Metrics

• Total Income: The company's total income for Q4 stood at ₹550.90 crore, up from ₹453.12 crore in Q4 FY2023-24.
• Expenses: Total expenses increased to ₹409.97 crore from ₹354.46 crore in the year-ago quarter.
• Operating Profit: Profit before exceptional items, tax, and share of profit in associates and jointly controlled entities rose to ₹140.93 crore, compared to ₹98.66 crore in Q4 FY2023-24.

Annual Performance

For the full fiscal year 2024-25, Anant Raj Limited reported impressive growth:

Dividend Announcement

The Board of Directors has recommended a final dividend of 36.5% (₹0.73 per equity share with a face value of ₹2) for FY2024-25, subject to shareholder approval at the upcoming Annual General Meeting.

Balance Sheet Strength

As of March 31, 2025, Anant Raj's balance sheet reflects a strong financial position:

• Total Assets: ₹5,234.52 crore
• Total Equity: ₹4,188.68 crore
• Other Equity: ₹4,092.14 crore, up from ₹3,587.98 crore at the end of the previous fiscal year

Management Commentary

Amit Sarin, Managing Director of Anant Raj Limited, stated, "We are pleased to report a strong set of financial results for Q4 and the full fiscal year 2024-25. The significant growth in our revenue and profitability reflects the success of our strategic initiatives and the resilience of our business model. We remain committed to creating value for our shareholders and look forward to capitalizing on the opportunities in the real estate sector."

Future Outlook

With a robust order book and a strong financial foundation, Anant Raj Limited is well-positioned to capitalize on the growing demand in the real estate sector. The company's focus on operational efficiency and strategic expansion is expected to drive sustainable growth in the coming years.

Investors and analysts will be keenly watching Anant Raj's performance in the upcoming quarters as the company continues to navigate the dynamic real estate market landscape.

Vedanta Limited , a major player in the global natural resources sector, has announced that its promoter group entities have entered into a significant financial arrangement. The company disclosed this information in compliance with regulatory requirements under the Securities and Exchange Board of India (SEBI) guidelines.

Key Details of the Facility Agreement

• Parties Involved: The facility agreement was signed by Vedanta Resources Limited, Twin Star Holdings Limited, and Welter Trading Limited - all part of Vedanta's promoter group.
• Financial Institutions: The agreement was made with global financial institutions including Barclays Bank PLC, Deutsche Bank AG (Singapore Branch), and Standard Chartered Bank.
• Agreement Value: The facility is valued at $530.00 million.
• Date of Agreement: The agreement was signed on April 17, 2025.

Purpose and Implications

The primary purposes of this facility agreement are:

1. Servicing existing financial indebtedness of the Vedanta Resources Limited (VRL) Group
2. Covering transaction expenses related to finance documents
3. General corporate purposes for Twin Star Holdings Limited

It's important to note that Vedanta Limited itself is not a party to this agreement. However, the arrangement does have implications for the company's shareholding structure.

Impact on Shareholding

Twin Star Holdings Limited, which holds a 40.02% stake in Vedanta Limited, is a key party in this agreement. As part of the arrangement, certain restrictions and encumbrances have been placed on the Vedanta Limited shares held by the promoter group entities. These include:

• A negative lien on Vedanta Limited shares held by the involved parties
• Restrictions on creating further encumbrances on these shares
• A requirement for the VRL Group to maintain control over Vedanta Limited or own at least 50.10% of its issued equity share capital

Market Implications

While this agreement doesn't directly impact Vedanta Limited's operations, it does reflect the financial maneuvering at the promoter group level. Such arrangements can be seen as efforts to manage debt and maintain control over the listed entity.

Regulatory Compliance

Vedanta Limited has made the necessary disclosures to the stock exchanges as required under SEBI regulations. This transparency is crucial for maintaining investor confidence and regulatory compliance.

The company has emphasized that this facility agreement does not classify as a related party transaction for Vedanta Limited under the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Conclusion

As the natural resources sector continues to face global challenges and opportunities, financial arrangements at the promoter level may play a crucial role in shaping the future strategies of companies like Vedanta Limited. Investors and stakeholders will likely monitor the implications of this agreement closely.