Ganesh Housing Corporation Limited reported strong financial performance for Q2 FY25, showing significant growth in both revenue and net profit on a year-on-year (YoY) basis.
Key Financial Highlights:
- Revenue from Operations: ₹237.22 crore in Q2 FY25, up 45% from ₹163.36 crore in Q2 FY24.
- Total Income: ₹249.69 crore for Q2 FY25, a substantial increase from ₹164.05 crore in the same period last year.
- Net Profit: ₹158.48 crore in Q2 FY25, marking a remarkable 84% rise from ₹86.01 crore in Q2 FY24.
Expenses Breakdown:
- Cost of Materials Consumed: ₹30.93 crore in Q2 FY25 compared to ₹29.93 crore in Q2 FY24.
- Employee Benefit Expenses: ₹4.80 crore, up from ₹4.43 crore in the previous year’s quarter.
- Depreciation and Amortization: ₹18.43 crore, compared to ₹16.59 crore in Q2 FY24.
The company’s robust performance this quarter highlights its strong operational efficiency and effective cost management strategies.
