Ganesh Housing Corporation Q1 Results Revenue Decline to ₹21,413.65 Lakhs and Net Profit Increase to ₹11,383.52 Lakhs

Ganesh Housing Corporation Q1 Results 2024-2025: Ganesh Housing Corporation announced its Q1 results for the financial year 2024-2025 on July 15, 2024. The company reported a revenue of ₹21,413.65 lakhs, showing a decrease of 23.55% compared to the previous quarter’s revenue of ₹27,677.70 lakhs.

Despite this decline in revenue, the company’s total income for the quarter reached ₹22,062.79 lakhs, slightly down from ₹28,009.16 lakhs in Q4 2023-2024. On a positive note, Ganesh Housing Corporation managed to maintain a strong profit before tax of ₹15,272.78 lakhs, which is an 8.85% increase from the ₹14,947.26 lakhs reported in the previous quarter.

The net profit for the quarter was ₹11,383.52 lakhs, showing a marginal rise of 0.91% from ₹11,280.22 lakhs in Q4 2023-2024. This performance highlights the company’s ability to sustain profitability despite a reduction in overall revenue.

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Ganesh Housing Corporation Q1 Results 2024 - 2025

Ganesh Housing Corporation released its financial results for Q1 2024-2025 on July 15, 2024. Here is a summary of the key figures from the report:

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Ganesh Housing Corporation Current Market Overview

Ganesh Housing Corporation is currently trading at ₹814 per share, showing a slight increase of 0.86%. The company's market value stands at ₹6,784 crore, and its stock has fluctuated between a high of ₹1,110 and a low of ₹362 in the past year.

With a price-to-earnings ratio of 16.4, Ganesh Housing offers a dividend yield of 1.34%. The company demonstrates strong financial performance, with a Return on Capital Employed (ROCE) of 45.0% and a Return on Equity (ROE) of 41.6%, making it a notable player in the real estate sector.

Quarterly Results

Here is a summary of Ganesh Housing Corporation's most recent quarterly results for the periods of December 2023, March 2024, and June 2024. These results highlight the company's financial performance across key metrics, including sales, operating profit, and net profit.

This condensed view focuses on the most recent data to provide insights into the company's current financial health.

About Ganesh Housing Corporation

Ganesh Housing Corporation, founded in 1991, is a leading real estate development company based in Gujarat, India. The company specializes in developing residential and commercial properties, as well as infrastructure projects.

With over 22 million square feet of developed space and an additional 35 million square feet under construction, Ganesh Housing is committed to providing quality housing and commercial spaces. The company is certified with ISO 9001, ISO 14001, and OHSAS 18001 standards and is endorsed by KPMG, USA.

Ganesh Housing also plans to expand into Special Economic Zones (SEZ) and township developments to further strengthen its presence in the real estate market.

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