Hi,
We updated version to Arnold 7.4.3.0, I opened the old test scene from this original post and ran a render test again.
The previous tests were done on the A4000 GPU.
R 41| 00:00:00 462MB | there are 1 light and 5 objects:
R 42| 00:00:00 462MB | 1 persp_camera
R 43| 00:00:00 462MB | 1 quad_light
R 44| 00:00:00 462MB | 2 utility
R 45| 00:00:00 462MB | 3 standard_surface
R 46| 00:00:00 462MB | 1 standard_volume
R 47| 00:00:00 462MB | 1 driver_exr
R 48| 00:00:00 462MB | 2 box_filter
R 49| 00:00:00 462MB | 1 gaussian_filter
R 50| 00:00:00 462MB | 3 polymesh
R 51| 00:00:00 462MB | 2 list_aggregate
R 52| 00:00:00 462MB | 1 volume
R 53| 00:00:00 462MB | 2 color_manager_ocio
R 54| 00:00:00 462MB |
R 55| 00:00:00 462MB | rendering image at 1920 x 1080, 3 AA samples
R 56| 00:00:00 462MB | AA samples max 14
R 57| 00:00:00 462MB | AA adaptive threshold 0.05
R 58| 00:00:00 462MB | AA sample clamp <disabled>
R 59| 00:00:00 462MB | diffuse samples 2 / depth 3
R 60| 00:00:00 462MB | specular samples 2 / depth 3
R 61| 00:00:00 462MB | transmission samples 2 / depth 8
R 62| 00:00:00 462MB | volume indirect samples 2 / depth 3
R 63| 00:00:00 462MB | total depth 10
R 64| 00:00:00 462MB | bssrdf samples 2
R 65| 00:00:00 462MB | light samples 2
R 66| 00:00:00 462MB | transparency depth 10
x1 RTX A4000 (NVIDIA driver version 575.51)

Appears to be about a 18min rendertime difference per frame compared to the previous. (+-180% speedup)
I'm not sure if the Nvidia drivers would impact this, but I'm working on getting this machine updated.
R143| 00:09:58 1093MB | scene creation time 0:00.15 machine utilization (13.54%)
R144| 00:09:58 1094MB | unaccounted 0:00.15
R145| 00:09:58 1094MB | -----------------------------------------------------------------------------------
R146| 00:09:58 1094MB | frame time 9:58.66 machine utilization (1.89%)
R147| 00:09:58 1094MB | license checkout time 0:00.11
R148| 00:09:58 1094MB | node init 0:00.83
R149| 00:09:58 1094MB | gpu update 0:08.68
R150| 00:09:58 1094MB | gpu jit compile 0:07.14
R151| 00:09:58 1094MB | rendering 9:48.84
R152| 00:09:58 1094MB | output driver 0:00.12
R153| 00:09:58 1094MB | pixel rendering 9:48.72 (197 sample iterations @ min: 0:00.005, avg: 0:02.987, max: 0:09.175)
R154| 00:09:58 1094MB | unaccounted 0:00.18
x1 RTX 4090 (NVIDIA driver version 576.80)
Not previously tested with.

1m 46s on Arnold 7.4.3.0 previously 3m 46s (136% speedup) on the version before.
R143| 00:01:50 1009MB | scene creation time 0:00.22 machine utilization (14.61%)
R144| 00:01:50 1009MB | unaccounted 0:00.21
R145| 00:01:50 1009MB | -----------------------------------------------------------------------------------
R146| 00:01:50 1009MB | frame time 1:49.90 machine utilization (4.48%)
R147| 00:01:50 1009MB | license checkout time 0:00.04
R148| 00:01:50 1009MB | node init 0:02.87
R149| 00:01:50 1009MB | driver init/close 0:00.01
R150| 00:01:50 1009MB | gpu update 0:12.63
R151| 00:01:50 1009MB | gpu jit compile 0:10.43
R152| 00:01:50 1009MB | rendering 1:34.04
R153| 00:01:50 1009MB | output driver 0:00.12
R154| 00:01:50 1009MB | pixel rendering 1:33.92 (197 sample iterations @ min: 0:00.006, avg: 0:00.476, max: 0:01.686)
R155| 00:01:50 1009MB | unaccounted 0:00.28
As a bonus, 6min 26s on x2 A4000 GPU.
R 10| 00:00:00 98MB | 1 x AMD Ryzen 9 5950X 16-Core Processor (16 cores, 32 logical) with 130952MB
R 11| 00:00:00 111MB | NVIDIA driver version 573.42
R 12| 00:00:00 111MB | GPU 0: NVIDIA RTX A4000 @ 1560MHz (compute 8.6) with 16375MB (15721MB available) (NVLink:0)
R 13| 00:00:00 111MB | GPU 1: NVIDIA RTX A4000 @ 1560MHz (compute 8.6) with 16375MB (14244MB available) (NVLink:0)
R180| 00:06:27 1151MB | scene creation time 0:00.83 machine utilization (3.28%)
R181| 00:06:27 1151MB | unaccounted 0:00.83
R182| 00:06:27 1151MB | -----------------------------------------------------------------------------------
R183| 00:06:27 1151MB | frame time 6:26.21 machine utilization (4.52%)
R184| 00:06:27 1151MB | license checkout time 0:00.10
R185| 00:06:27 1151MB | node init 0:01.74
R186| 00:06:27 1151MB | driver init/close 0:00.01
R187| 00:06:27 1151MB | gpu update 0:10.65
R188| 00:06:27 1151MB | gpu jit compile 0:08.17
R189| 00:06:27 1151MB | rendering 6:13.28
R190| 00:06:27 1151MB | output driver 0:00.11
R191| 00:06:27 1151MB | pixel rendering 6:13.17 (197 sample iterations @ min: 0:00.040, avg: 0:01.893, max: 0:05.222)
R192| 00:06:27 1151MB | unaccounted 0:00.41
Quite a big improvement, thank you!
I also see that the shadow glitch/issue is now fixed.
It's worth noting that the render quality is still quite noisy at these settings and would need some extra samples or perhaps denoising to work on production, I will try some higher samples next to see how easily it can clean up at the expensive of higher render times.

all the best,
amwilkins