Conference Call with Ganesh Housing Corporation Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Realty company Ganesh Housing Corporation announced Q2FY25 results Financial Highlights: Revenue: Q2FY25 Revenue increased 52% YoY to Rs 2,497 million vs Rs 1,641 million in Q2FY24. EBITDA: Q2FY25 EBITDA grew 76% YoY to Rs 2,150 million; EBITDA margins grew to 86.1% during Q2FY25 vs 74.4% in Q2FY24. PAT: Q2FY25 PAT grew 84% YoY to Rs 1,585 million; PAT margins expanded to 63.5% in Q2FY25 vs 52.4% in Q2FY24. Other Highlights: Strong Balance Sheet: Net Debt-free for more than last 8 quarters and highly confident in maintaining a strong capital structure in the quarters ahead. New Planned Project: Recently added One Thaltej with a saleable area of 1.8 msf, to upcoming commercial project pipeline; currently in the planning stage, with construction set to commence in the next 3-5 months. Ongoing Project Update Malabar Retreat is currently in the construction stage, nearing 12% completion. Malabar Exotica sale deed execution ongoing and hand over of the project is expected to be completed this quarter. Result PDF