Ganesh Housing Q1 Results: Revenue Doubles YoY as Profit and Margins Contract
Ganesh Housing reported Q1 consolidated revenue of 2.8B rupees, nearly double the 1.5B rupees recorded in the year-ago quarter, though net profit declined sharply to 419.6M rupees from 931M rupees YoY. EBITDA fell to 1.1B rupees from 1.28B rupees, with the EBITDA margin contracting significantly to 39.22% from 84.80%, reflecting higher operating costs relative to revenue growth.
Ganesh Housing Corporation Limited reported a 30% year-on-year decline in quarterly revenue to ₹151.00 crores. EBITDA margin improved to 85% from 71%. PAT was ₹93.00 crores compared to ₹114.00 crores last year. The company's projects, including Malabar Retreat and Million Minds SEZ Phase 1, show progress. Godhavi Township contributed significantly to Q1 income. One Thaltej, a commercial project, is in final approval stages. The company maintains a strong financial position with negligible debt. Shareholders approved changing the company name to 'Ganesh Housing Limited'.
21Jul 25
Ganesh Housing Corporation Reports Q1 FY26 Results with Revenue of INR 1,510 Million
Ganesh Housing Corporation Limited's Q1 FY26 results show a 32% year-over-year revenue decline to ₹1,510.00 million, but improved profitability with EBITDA margin rising to 84.80% from 70.50%. Net profit reached ₹931.00 million with EPS at ₹11.16. The company maintains a net debt-free status and reports progress on ongoing projects, including Malabar Retreat at 43% completion and Million Mind Tech Park Phase 1 nearing 90% completion. A new project, One Thaltej, has been added to the pipeline.
Ganesh Housing Corp's Q4 FY2023 results show a 47.32% increase in consolidated net profit to ₹1.65 billion, despite a 9.75% decrease in revenue to ₹2.50 billion. The company has declared a dividend of ₹5 per share, demonstrating strong financial performance and commitment to shareholder value.