Ganesh Housing Corporation Limited, a prominent real estate developer, has released its financial results for the first quarter of FY26, revealing a mixed performance with declining revenue but improved margins.

Financial Highlights

• Revenue: ₹1,510.00 million, down 32% from ₹2,206.00 million year-over-year
• Net Profit: ₹931.00 million
• EBITDA Margin: Improved to 84.80% from 70.50% in the previous year
• PAT Margin: Expanded to 61.60% from 51.60% year-over-year
• EPS: ₹11.16

Detailed Financial Performance

The company's financial results show a significant decline in revenue compared to the same quarter last year. However, the improved EBITDA and PAT margins suggest enhanced operational efficiency despite the overall revenue decrease.

Key Highlights

• The company has maintained a net debt-free status for over 3 years.
• Malabar Retreat project is at 43% completion.
• Million Mind Tech Park Phase 1 is nearing 90% completion.
• One Thaltej project, with 1.8 million square feet saleable area, has been added to the pipeline. It is currently in the plan processing stage, with construction expected to start post-monsoon.

Future Outlook

While Ganesh Housing Corporation has experienced a decline in revenue, the improved margins and ongoing projects suggest a focus on profitability and strategic growth. The addition of the One Thaltej project to the pipeline indicates continued expansion efforts.

Investors and stakeholders will be watching closely to see how the company performs in the coming quarters, particularly in light of its improved operational efficiency and new project developments.

Note: All financial figures are subject to review by the company's statutory auditors.

Ganesh Housing Corp , a prominent player in the real estate sector, has released its financial results for the fourth quarter, showcasing significant profit growth and rewarding shareholders with a dividend.

Q4 Financial Highlights

The company reported impressive financial performance for the quarter:

Ganesh Housing Corp 's consolidated net profit for Q4 surged to ₹1.65 billion, marking a substantial increase of 47.32% compared to ₹1.12 billion in the same quarter of the previous year. This robust profit growth demonstrates the company's ability to enhance its bottom line despite challenging market conditions.

However, the company's revenue for the quarter stood at ₹2.50 billion, reflecting a 9.75% decrease from ₹2.77 billion reported in the corresponding period last year. The slight decline in revenue could be attributed to various factors affecting the real estate market, such as changes in demand patterns or project completion timelines.

Dividend Declaration

In a move that will likely please shareholders, Ganesh Housing Corp has declared a dividend of ₹5 per share. This dividend announcement underscores the company's commitment to delivering value to its investors and reflects confidence in its financial position.

The declaration of a dividend, especially following a strong profit performance, may be viewed positively by the market as it signals the company's ability to generate cash and return value to shareholders.

Conclusion

Ganesh Housing Corp 's Q4 results paint a picture of a company that has managed to significantly improve its profitability despite a slight dip in revenue. The substantial increase in net profit, coupled with the dividend declaration, suggests that the company has been focusing on operational efficiency and shareholder returns.

As the real estate sector continues to evolve, investors and market watchers will likely keep a close eye on Ganesh Housing Corp 's strategies for maintaining profit growth and navigating potential challenges in the revenue landscape.