Ganesh Housing Corporation declined 1.71% to Rs 382 after the company's consolidated net profit slipped 14.73% to Rs 24.77 crore in Q3 FY23 as compared to Rs 21.12 crore in Q3 FY22.
Revenue from operations decreased 12.13% to Rs 66.85 crore in Q3 FY23 as against Rs 76.07 crore in Q3 FY22.Total expense tumbled 50.12% YoY to Rs 25.60 crore during the quarter. Cost of material consumed stood at Rs 32.69 crore (up 76.06% YoY) while employee benefit expense was at Rs 4.54 crore (up 56.34% YoY).
Ganesh Housing Corporation is the leading real estate developers in the Gujarat state with a legacy that spans more than 6 decades.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app