Ganesh Housing Q1FY24 Results: Consolidated PAT of Rs. 161.33 Cr

Ganesh Housing Q1FY24 Results Consolidated PAT of Rs. 161.33 Cr

Ganesh Housing Q1 results show revenue up from 183.00 crores to 271.45 crores, a 48.33% increase in growth. EPS rise from ₹4.73 to ₹19.35, up by 309.09%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Ganesh Housing shared its Q1 results on Tuesday. They earned 271.45 crores in revenue this quarter, but that’s more than the 183.00 crores they made last quarter. The company’s growth increased by 48.33 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 161.33 crores, up from 46.50 crores in the previous quarter. Their quarter-to-quarter growth increased by 246.95 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹19.35, which is an increase of 309.09% from the ₹4.73 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 271.45 crores this year (2023), which is 535.92 percent higher than last year’s total revenue of 42.68 crores.

This year’s PAT (Profit After Tax) is 161.33 crores, which is also 1,130.32% higher than last year’s PAT of 13.11 crores.

The EPS (Earnings Per Share) for this year is ₹19.35, which is 1,132.48% more than the EPS of ₹1.57 earned last year.

Ganesh Housing Share Dividend Announcement / Record Date:

The Board of Directors has declared a Final Dividend of ₹2.40 per Equity Share of Face Value of ₹1 each of the Company.

About Ganesh Housing Corp:

When considering real estate players in Gujarat, Ganesh Housing Corporation Limited (GHCL) undoubtedly stands out. GHCL holds the position of being a trailblazer in the organized housing and construction industry of Ahmedabad. The group’s founder Chairman, Late Shree Govindbhai C. Patel, embarked on this business venture in the 1960s, establishing a remarkable legacy.

Download the Full PDF of Ganesh Housing Q1 Results: Click Here

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