{"id":153808,"date":"2023-08-14T11:37:05","date_gmt":"2023-08-14T15:37:05","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153808"},"modified":"2023-08-14T11:37:06","modified_gmt":"2023-08-14T15:37:06","slug":"ganges-securities-ltd-q1fy24-27-fall-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ganges-securities-ltd-q1fy24-27-fall-in-revenue\/","title":{"rendered":"Ganges Securities Ltd Q1FY24; 27% fall in Revenue"},"content":{"rendered":"<p>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.<\/p>\n<p><br \/>Financial Results:<\/p>\n<ul>\n<li>Ganges Securities Ltd reported Revenues for Q1FY24 of \u20b95.89 Crores down from \u20b98.08 Crore year on year, a fall of 27.1%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b96.40 Crores down from \u20b96.98 Crores year on year, a fall of 8.31%.<\/li>\n<li>Consolidated Net Profit of -\u20b90.52 Crores from \u20b91.40 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is -\u20b90.52, from \u20b91.40 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1041-839x1024.png\" alt=\"\" class=\"wp-image-153809\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1041-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1041-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1041-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1041-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1041.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[],"class_list":["post-153808","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":154200,"url":"https:\/\/alphastreet.com\/india\/avadh-sugar-10-rise-in-profits\/","url_meta":{"origin":153808,"position":0},"title":"Avadh Sugar &#038; Energy Ltd Q1FY24; 10% rise in Profits","author":"Divyansh_Kasana","date":"August 17, 2023","format":false,"excerpt":"Avadh Sugar & Energy Ltd is primarily engaged in the manufacture and sale of sugar and its by-products (molasses, bagasse and press-mud), spirits including ethanol and power. It was incorporated in March 2015 with the purpose of transferring sugar units in Uttar Pradesh of Oudh Sugar Mills Limited (Oudh) and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1165.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1165.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1165.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1165.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1165.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1165.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151206,"url":"https:\/\/alphastreet.com\/india\/stel-holdings-ltd-q1fy24-130-rise-in-profits\/","url_meta":{"origin":153808,"position":1},"title":"STEL Holdings Ltd Q1FY24; 130% rise in Profits","author":"Chirag Gupta","date":"August 4, 2023","format":false,"excerpt":"STEL Holdings Limited is engaged in the business of holding investments in securities of group companies (RPG group). Financial Results: STEL Holdings Ltd reported Revenues for Q1FY24 of \u20b90.52 Crores up from \u20b90.32 Crore year on year, a rise of 62.5%. Total Expenses for Q1FY24 of \u20b90.22 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-178.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-178.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-178.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-178.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-178.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-178.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150872,"url":"https:\/\/alphastreet.com\/india\/summit-securities-ltd-q1fy24-30-fall-in-profits\/","url_meta":{"origin":153808,"position":2},"title":"Summit Securities Ltd Q1FY24; 30% fall in Profits","author":"Chirag Gupta","date":"August 2, 2023","format":false,"excerpt":"Summit Securities Ltd is a non-deposit taking NBFC registered with RBI and is engaged in the business of investments in shares and securities. 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Financial Results: DE Nora India Ltd reported Revenues for Q1FY24 of \u20b99.14 Crores down from \u20b912.38\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-373.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-373.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-373.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-373.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-373.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-373.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153788,"url":"https:\/\/alphastreet.com\/india\/palash-securities-ltd-q1fy24-24-fall-in-revenue\/","url_meta":{"origin":153808,"position":5},"title":"Palash Securities Ltd Q1FY24; 24% fall in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Palash Securities Limited is an investment company. 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