|
The company's consolidated profit before tax stood at Rs 102.38 crore in Q4 March 2023, indicating a 145% QoQ increase and a 127% YoY increase.
Furthermore, EBITDA for Q4 March 2023 was Rs. 104.80 crore, up 121% QoQ and up 100% YoY. However, the EBITDA margin was 57.3% in Q4FY23, which is lower than the 70.5% margin reported in Q3FY23 but higher than the 33.7% margin reported in Q4FY22.
As on March 2023, the company has zero debt, and expects substantial cashflows from upcoming projects to ascertain comfortable debt levels in future.
The board declared a dividend of Rs 2.40 per equity share for the financial year 2022-2023.
Ganesh Housing Corporation is a leading real estate developer in Ahmadabad, Gujarat.
|