Ganesh Housing Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2025, recommended Final Dividend of Rs. 5 per equity share.
GANESHHOU · price
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The Board of Directors of Ganesh Housing Corporation Limited, at its meeting on May 14, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified audit opinion from J.M. Parikh & Associates. The Board also recommended a final dividend of Rs. 5 per equity share (50% on face value of Rs. 10), subject to shareholder approval at the upcoming AGM. On a standalone basis, FY25 revenue from operations rose to Rs. 676.29 crore (from Rs. 594.41 crore in FY24), while net profit jumped to Rs. 380.45 crore (from Rs. 270.94 crore). On a consolidated basis, FY25 revenue grew to Rs. 959.76 crore and net profit climbed to Rs. 598.06 crore (from Rs. 460.71 crore). The company also appointed J.B. Mistri & Co. as Cost Auditor and Purnesh R. Mehta & Co. as Internal Auditor for FY26.
The strong YoY profit growth of around 40% (standalone) and 30% (consolidated) signals healthy real estate business performance, likely to be viewed positively by investors. The proposed Rs. 5 dividend is a generous 50% payout on face value, which should be attractive to income-focused shareholders once approved.