6 months ago
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Real Estate institution Anant Raj Ltd said it’s wholly owned subsidiary Anant Raj Cloud, volition further grow its Data Center facilities, Colocation and Cloud services crossed 3 locations namely Manesar, Rai and Panchkula to 117 MW IT Load by FY 28.
“The backing for full capex has been lined up,” it said successful a regulatory filing with exchanges.
It said the enlargement of capableness astatine it’s Data Centers successful Manesar and Panchkula had strengthened its beingness successful Data Center concern arsenic some facilities could enactment arsenic “Data Center and Disaster Recovery” to each other.
Stating that Data Center enlargement astatine Rai, Sonipat had commenced, it said initially this determination volition person 20 MW IT Load. “Total planned capableness astatine Rai is astir 200 MW IT Load,” it said.
The combined capableness of 317 MW IT Load volition impact Capex of $2 billion.
The institution said the enlargement of Cloud Services “Ashok Cloud” Infrastructure arsenic a Service, astatine Manesar & Panchkula was successful the beforehand signifier of operationalisation arsenic scheduled.
For the 2nd 4th Anant Raj Ltd reported consolidated Profit After Tax (PAT) of ₹138.18 crore and gross of ₹631 crore, up 30% and 23% Year connected Year respectively.
During the quarter, the institution said it completed a ₹1,100 crore Qualified Institutional Placement (QIP) to enactment its adjacent signifier of development.
On the existent property front, the institution precocious its luxury residential projects successful Gurugram, progressed approvals for Group Housing-3, and continued enlargement of its integrated township portfolio, it said.
