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Ganesh Housing Reports Strong Q4 Performance, Announces ₹5 Dividend Per Share


Updated: May 14, 2025 13:24

Image Source: The Economic Times
Ganesh Housing Corporation Ltd has reported strong financial performance for the March quarter, with consolidated revenue from operations at ₹2.51 billion and a net profit of ₹1.65 billion. The company has also declared a final dividend of ₹5 per share, indicating its financial strength and interest in shareholder returns.
 
Revenue Growth:
  • Ganesh Housing's Q4 revenue was ₹2.51 billion, led by increased real estate sales and project completion.
  • The luxury and mid-segment housing projects of the company contributed largely to the revenue growth.
Improvement in Profitability:
  • Net profit was at ₹1.65 billion, aided by cost optimization and operational efficiency.
  • EBITDA margins were better due to increased realization and capacity utilization.
Declaration of Dividend:
  • The board has suggested a final dividend of ₹5 per share, supporting robust cash flow management.
  • This represents a consistent rise in shareholder returns, testifying to Ganesh Housing's financial health.
Strategic Expansion:
  • Ganesh Housing further consolidated its footprint in core urban markets with increased sales in Ahmedabad and Mumbai.
  • The firm is investing in new housing and commercial developments, guaranteeing long-term growth.
Insight:
Ganesh Housing's robust Q4 performance underscores its resilience in the real estate industry, with increased revenue, enhanced profitability, and strategic growth. The declaration of dividend strengthens investor confidence, while the company's increasing project pipeline sets it up for long-term success.
 
Sources: Rediff Money, ICICI Direct, Markets Mojo

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