Anant Raj shares jump 4.5%: Firm to invest ₹20,000 crore in Haryana data centres; details here

In a statement on Monday, Anant Raj said it has signed a Memorandum of Understanding (MoU) with the Haryana government to invest ₹20,000 crore in the development of large-scale data centre infrastructure across the state.

Key details

Anant Raj currently operates 28 MW of IT load across its campuses in Manesar and Panchkula and is expanding its data centre footprint across Haryana.

It aims to achieve a total capacity of 307 MW by 2031-32 across Manesar, Panchkula, and Rai, supported by a planned capital expenditure of about $2.1 billion.

The proposed investment is over and above the company's existing and ongoing data centre expansion plans.

The MoU was signed during the launch of the 'Make in Haryana Policy' and other sectoral policies organised by the Department of Industries & Commerce, Government of Haryana.

The event was chaired by Haryana Chief Minister Nayab Singh Saini in the presence of Rao Narbir Singh, the Minister of Industries & Commerce, Environment, Forests & Wildlife, Haryana.

"The proposed investment will support the development of state-of-the-art data centres and digital infrastructure, further strengthening Haryana's position as a leading destination for technology-led investments and digital innovation," Anaant Raj said.

The investment is aimed at supporting the growing demand for data storage, cloud services, and digital connectivity.

MoU with the AP government

In November last year, the company signed an MoU with the Andhra Pradesh government for the development of new data centre facilities and an IT park in the state.

Under this MoU, Anant Raj Cloud Pvt Ltd (ARCPL), a wholly owned subsidiary of Anant Raj Limited, will invest about ₹4,500 crore, to be executed in two phases, towards building advanced data centre infrastructure and cloud services.

Anant Raj Q4 FY26 earnings

The real estate firm reported a 25% increase in consolidated net profit at ₹148.71 crore for the quarter ended March 2026 on higher income.

Its net profit stood at ₹118.79 crore in the year-ago period.

Total income rose to ₹675.41 crore during January-March 2025-26 from ₹550.90 crore a year ago, according to a regulatory filing.

During the 2025-26 fiscal year, Anant Raj Ltd's profit grew to ₹557.02 crore from ₹425.82 crore in the preceding year. Total income increased to ₹2,579.08 crore from ₹2,100.28 crore.

Data centres and Anant Raj

Data centres are specialised facilities that house servers, storage systems, and networking equipment used to store, process, and manage digital data. They form the backbone of cloud computing, artificial intelligence, online banking, streaming services, and other internet-based applications.

Anant Raj is primarily a real estate developer, but in recent years it has expanded into the data centre business. The company is developing data centre parks, particularly in the Delhi-NCR region, aiming to benefit from the growing demand for cloud services, AI infrastructure, and digital storage in India.