Ganesh Housing Corp declines after PAT slides 18% to Rs 93 cr in Q1 FY26

Ganesh Housing Corporation slipped 4.03% to Rs 939.70 after the company's consolidated net profit declined 18.25% to Rs 93.06 crore on a 29.57% fall in net sales to Rs 150.81 crore in Q1 FY26 over Q1 FY25.

Profit before tax (PBT) fell 17.8% YoY to Rs 125.54 crore in Q1 FY26. EBITDA stood at Rs 128 crore in Q1 FY26, registering growth of 17.74% from the Rs 155.6 crore reported in Q1 FY25.

Total expenses tumbled 62.56% to Rs 25.42 crore in Q1 FY26 over Q1 FY25. During the quarter, the cost of materials consumed stood at Rs 15.28 crore (down 45.47% YoY), while employee benefits expense was at Rs 4.79 crore (up 17.54% YoY).

 

Ganesh Housing Corporation is in the business of real estate development in the residential and commercial segments and infrastructure projects.

Powered by Capital Market - Live News