Ganesh Housing Corporation Ltd Q3FY24 consolidated PAT jumps to Rs. 100.55 crores

Ganesh Housing Corporation Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 183.3444 crores during the period ended December 31, 2023 as compared to Rs. 164.0527 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 100.5570 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 86.0124 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 12.06 for the period ended December 31, 2023 as compared to Rs. 10.31 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 183.3444 crs	₹164.0527 crs	11.76%
Net Profit	₹100.5570 crs	₹86.0124 crs	16.91%
EPS	₹12.06	₹10.31	16.97%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 183.3444 crores during the period ended December 31, 2023 as compared to Rs.67.3783 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.100.5570 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.30.3209 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.12.06 for the period ended December 31, 2023 as compared to Rs.3.64 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 183.3444 crs	₹67.3783 crs	172.11%
Net Profit	₹100.5570 crs	₹30.3209 crs	231.64%
EPS	₹12.06	₹3.64	231.32%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.618.8497 crores during the 9 Months period ended December 31, 2023 as compared to Rs.437.8155 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.347.9049 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.62.7298 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.41.72 for the 9 Months period ended December 31, 2023 as compared to Rs.7.52 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹618.8497 crs	₹437.8155 crs	41.35%
Net Profit	₹347.9049 crs	₹62.7298 crs	454.61%
EPS	₹41.72	₹7.52	454.79%

Shares of Ganesh Housing Corporation Limited was last trading in BSE at Rs. 514.10 as compared to the previous close of Rs. 450.20. The total number of shares traded during the day was 131695 in over 6214 trades.

The stock hit an intraday high of Rs. 530.00 and intraday low of 446.50. The net turnover during the day was Rs. 66328939.00.

Source : Equity Bulls

Keywords

GaneshHousingCorporation Q3FY24 9MFY24 ResultUpdate