Ganesh Housing Finance Corporation declared their Q2 FY24 results on 19 Oct, 2023. The topline decreased by 50.15% & the profit increased by 344.79% YoY. As compared to the previous quarter, the revenue declined by 39.6% and the profit decreased by 46.69%.
The Selling, general & administrative expenses rose by 2.25% q-o-q & increased by 21.46% Y-o-Y.
The operating income was down by 44.3% q-o-q & increased by 53.31% Y-o-Y.
The EPS is ₹10.31 for Q2 FY24 which increased by 346.3% Y-o-Y.
Ganesh Housing Finance Corporation has delivered -6.35% return in the last 1 week, 26.53% return in the last 6 months, and 18.44% YTD return.
Currently, Ganesh Housing Finance Corporation has a market cap of ₹3441.8 Cr and a 52wk high/low of ₹492 & ₹262.1 respectively.
Ganesh Housing Finance Corporation Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 163.35 | 270.45 | -39.6% | 327.68 | -50.15% |
| Selling/ General/ Admin Expenses Total | 4.43 | 4.33 | +2.25% | 3.65 | +21.46% |
| Depreciation/ Amortization | 1.66 | 0.93 | +79.07% | 0.62 | +166.98% |
| Total Operating Expense | 43.58 | 55.43 | -21.38% | 249.55 | -82.54% |
| Operating Income | 119.78 | 215.02 | -44.3% | 78.12 | +53.31% |
| Net Income Before Taxes | 119.62 | 215.05 | -44.38% | 75.8 | +57.81% |
| Net Income | 86.01 | 161.34 | -46.69% | 19.34 | +344.79% |
| Diluted Normalized EPS | 10.31 | 19.35 | -46.72% | 2.31 | +346.3% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹86.01Cr
Question : What is Q2 FY24 revenue?
Ans : ₹163.35Cr
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