Ganesh Housing Limited has announced its Q3FY26 consolidated financial results for the quarter ended December 31, 2025, demonstrating strong operational performance with a consolidated net profit of ₹537.42 crores and revenue from operations of ₹912.96 crores.

Q3FY26 Consolidated Financial Performance

The company's consolidated results show robust profitability during the third quarter. The Board of Directors approved these unaudited financial results at their meeting held on February 6, 2026, following review by the Audit Committee.

Standalone vs Consolidated Results

While the consolidated results showed strong performance, the standalone financial results presented a contrasting picture with a net loss of ₹94.28 crores for Q3FY26. This indicates that the company's subsidiary operations contributed significantly to the overall consolidated profitability.

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The company's statutory auditors, J M Parikh & Associates, issued limited review reports with unmodified opinions on both standalone and consolidated results.

Ganesh Housing Limited operates primarily in real estate promotion and development activities, which constitutes its single reportable segment under Ind AS-108. The company maintains its registered office at Ganesh Corporate House, Ahmedabad, and trades under the symbol GANESHOU on NSE and scrip code 526367 on BSE.

Ganesh Housing Limited, a prominent player in the Indian real estate sector, has announced financial results for the quarter ended September 30, along with a strategic move to streamline its corporate structure.

Financial Performance

The company reported consolidated financial results for Q2:

Despite a year-on-year decline in revenue and profit, Ganesh Housing has maintained its financial position.

Half-Yearly Performance

For the first half of the fiscal year, Ganesh Housing reported:

• Consolidated revenue from operations of Rs. 32,501.80 lakhs
• Net profit of Rs. 20,115.40 lakhs
• Earnings per share (EPS) of Rs. 24.12

Subsidiary Merger Approved

The Board of Directors has approved a scheme of amalgamation with its wholly-owned subsidiary, Gatil Properties Private Limited. Key points of the merger include:

• Appointed date: April 1
• Rationale: Simplify corporate structure, achieve economies of scale, and consolidate operational capabilities
• Regulatory approvals: The scheme requires sanction from the National Company Law Tribunal
• Financial impact: No cash or share consideration involved as Gatil Properties is wholly-owned by Ganesh Housing
• Shareholding: The company's shareholding pattern will remain unchanged post-merger

Management Commentary

Shekhar G. Patel, Managing Director & CEO of Ganesh Housing Limited, stated, "Our Q2 results reflect the company's foundation and operational efficiency. The proposed merger with Gatil Properties aligns with our strategy to streamline operations and enhance shareholder value. We are confident that this consolidation will strengthen our market position and drive future growth."

Potential Benefits of Amalgamation

The amalgamation is expected to bring several benefits to Ganesh Housing, including:

• Simplified corporate structure
• Enhanced operational synergies
• Improved financial flexibility
• Better leveraging of assets and credit lines

As the real estate sector continues to evolve, Ganesh Housing's strategic moves may position it for growth in the coming quarters.