Ganesh Housing's Q1 FY 2025-26 Quarterly Results

Result Summary

• Ganesh Housing Ltd reported a 46.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 31.6%.
• Its expenses for the quarter were down by 80.5% QoQ and 62.5% YoY.
• The net profit decreased 17.5% QoQ and decreased 18.3% YoY.
• The earnings per share (EPS) of Ganesh Housing Ltd stood at 11.16 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ganesh Housing Ltd is a company operating in the real estate industry. The company's primary business activities include property development, focusing on residential and commercial projects. As of the latest update, there are no specific recent major developments publicly available for Ganesh Housing Ltd. The company typically engages in the acquisition, development, and sale of land and properties, catering to a diverse clientele and contributing to urban development in its operational regions.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), Ganesh Housing Ltd reported a total income of ₹150.96 crores. This represents a decrease of 46.1% from the previous quarter (Q4FY25), where the total income was ₹280.09 crores. On a year-over-year basis, comparing Q1FY26 to the same quarter in the previous fiscal year (Q1FY25), there is a 31.6% decline in total income, which was ₹220.63 crores. This trend in revenue highlights significant changes in the company's income generation over both the quarterly and annual periods.

Profitability

In terms of profitability, Ganesh Housing Ltd's profit before tax (PBT) for Q1FY26 was ₹125.54 crores, showing a decrease of 16.0% from Q4FY25, where the PBT was ₹149.47 crores. Year-over-year, the PBT for Q1FY26 decreased by 17.8% from ₹152.73 crores in Q1FY25. The tax expense for Q1FY26 was ₹32.47 crores, which is an 11.5% decline from the previous quarter's tax of ₹36.67 crores and a 16.5% decrease from the previous year's Q1 tax of ₹38.89 crores. The profit after tax (PAT) stood at ₹93.06 crores in Q1FY26, down by 17.5% from Q4FY25's PAT of ₹112.80 crores and decreased by 18.3% from the previous year's Q1 PAT of ₹113.84 crores. Earnings per share (EPS) for Q1FY26 was ₹11.16, reflecting a 17.5% drop from Q4FY25 and an 18.2% decline from Q1FY25.

Operating Metrics

Ganesh Housing Ltd's total expenses for Q1FY26 amounted to ₹25.43 crores, a significant decrease of 80.5% from Q4FY25, where expenses were ₹130.61 crores. Year-over-year, there is a 62.5% reduction in total expenses from Q1FY25's figure of ₹67.90 crores. These reductions in expenses could be indicative of changes in the company's cost management or operational strategies over the reported periods. The substantial changes in both revenue and expenses have impacted the overall financial metrics and profitability of the company for the quarter.