Q4FY23 Quarterly & FY23 Annual Result Announced for Ganesh Housing Corporation Ltd.
Realty company Ganesh Housing Corporation announced Q4FY23 & FY23 results: Q4FY23 revenue grew 18% YoY to Rs 1,830 million; FY23 revenue at Rs 6,208 million, grew 61% YoY EBITDA was 100% higher YoY at Rs 1,048 million in Q4FY23; FY23 EBITDA grew 89% at Rs 2,563 million PAT growth of 56% YoY to Rs 394 million in Q4FY23; FY23 PAT grew 45% at Rs 1,022 million Highest ever PBT of Rs 2,401 million in FY23 with YoY growth of 147% The company becomes debt free from a peak debt of Rs 6,500 million in FY19 A strong balance sheet with Rs 3,250 million cash surplus Completed acquisition of balance minority stake in subsidiary (Gatil) from US-based Monsoon Capital for upcoming township Million Minds Phase 1 (IT SEZ) of 1.3 construction underway; strategic partnership with Tishman Speyer for the project development Highest ever total net cashflow of Rs 3,103 million in FY23, v/s (48 million) in FY22 Result PDF09-05-2023