Ganesh Housing Corporation Limited has informed the Exchange regarding Board meeting held on July 21, 2025.
GANESHHOU · price
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Ganesh Housing Corporation's board approved its Q1 FY26 financial results on July 21, 2025. On a standalone basis, revenue from operations crashed to just Rs. 407.79 lakhs from Rs. 13,968.52 lakhs in the same quarter last year, and the company posted a net loss of Rs. 1,042.19 lakhs against a profit of Rs. 5,898.88 lakhs a year ago, with EPS turning negative at Rs. (1.25). On a consolidated basis, revenue declined about 30% to Rs. 15,080.62 lakhs (from Rs. 21,413.65 lakhs) and net profit fell roughly 18% to Rs. 9,306.45 lakhs, with EPS of Rs. 11.16 versus Rs. 13.65. Statutory auditor J M Parikh & Associates issued an unmodified (clean) limited review opinion on both sets of results. The company continues to operate as a single-segment real estate developer.
The standalone numbers are sharply weak, driven mainly by timing of property bookings and inventory movements, but the consolidated picture (which includes subsidiaries) still shows healthy profitability, just slower than last year. Real estate revenues are inherently lumpy quarter-to-quarter, so shareholders should watch the half-year and full-year trends rather than read this single quarter as a structural concern.