Incorporated in 2015, Ganges Securities Ltd is a part of the K.K. Birla Group. The Co. is a Core Investment Company primarily engaged in investing and dealing in securities of group companies and immovable properties. It also has a subsidiary engaged in the tea business.
Financial Results:
- Ganges Securities Ltd reported Revenues for Q1FY24 of ₹5.89 Crores down from ₹8.08 Crore year on year, a fall of 27.1%.
- Total Expenses for Q1FY24 of ₹6.40 Crores down from ₹6.98 Crores year on year, a fall of 8.31%.
- Consolidated Net Profit of -₹0.52 Crores from ₹1.40 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹0.52, from ₹1.40 in the same quarter of the previous year.