Ganesh Housing Corporation Limited has announced its financial results for the quarter ended December 31, 2024, showcasing significant year-on-year growth in revenue and profit.
Key Financial Highlights:
- Revenue from Operations: ₹257.01 crore
- QoQ: Increased by 8.4% (from ₹237.22 crore in Q2 FY25)
- YoY: Surged by 41.5% (from ₹181.43 crore in Q3 FY24)
- Total Income: ₹264.08 crore
- QoQ: Declined by 5.5% (from ₹249.69 crore in Q2 FY25)
- YoY: Jumped by 44.0% (from ₹183.34 crore in Q3 FY24)
- Profit Before Tax (PBT): ₹215.27 crore
- QoQ: Increased by 2.9% (from ₹212.24 crore in Q2 FY25)
- YoY: Soared by 58.7% (from ₹135.60 crore in Q3 FY24)
- Net Profit: ₹160.84 crore
- QoQ: Declined by 1.8% (from ₹158.48 crore in Q2 FY25)
- YoY: Increased by 60.0% (from ₹100.55 crore in Q3 FY24)
Expense Breakdown:
- Cost of Materials Consumed: ₹52.74 crore
- QoQ: Increased by 70.5% (from ₹30.93 crore in Q2 FY25)
- YoY: Increased by 27.5% (from ₹41.36 crore in Q3 FY24)
- Employee Benefits Expense: ₹5.09 crore
- QoQ: Declined by 4.3% (from ₹5.32 crore in Q2 FY25)
- YoY: Decreased by 4.3% (from ₹5.32 crore in Q3 FY24)
- Other Expenses: ₹46.96 crore
- QoQ: Increased by 26.8% (from ₹37.04 crore in Q2 FY25)
- YoY: Increased by 2.8% (from ₹45.64 crore in Q3 FY24)
Nine-Month Performance:
- Revenue from Operations: ₹708.37 crore
- YoY: Increased by 15.4% (from ₹615.23 crore in the same period last year)
- Net Profit: ₹433.16 crore
- YoY: Increased by 15.2% (from ₹375.79 crore in the same period last year)
Market Reaction:
Ganesh Housing’s strong year-on-year growth in revenue and profit reflects robust operational efficiency and demand in its key markets. Investors remain optimistic about the company’s growth trajectory despite slight sequential declines in net profit.
Disclaimer: The above information is for informational purposes only and should not be considered financial or investment advice. Always conduct your research or consult a financial advisor before making investment decisions.
