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Ganesh Housing Corporation Ltd Q4FY24; 190% rise in Profits

Ganesh Housing Corporation Limited (earlier known as Ganesh Housing Finance Corporation Limited) is a part of the Ganesh Group founded in 1991. GHCL has built a strong presence in and around Ahmedabad. GHCL has developed and sold over 22 million sq. ft. of real estate space, with another 2.5 million sq. ft. currently under development.

Financial Results:

Ganesh Housing Corporation Ltd reported Revenues for Q4FY24 of ₹277.00 Crores up from ₹179.00 Crore year on year, a rise of 54.75%.

Total Expenses for Q4FY24 of ₹131.00 Crores up from ₹81.00 Crores year on year, a rise of 61.73%.

Consolidated Net Profit of ₹113.00 Crores up 189.74% from ₹39.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.53, up 142.47% from ₹5.58 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Housing
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