Ganesh Housing Q2 FY27: revenue down 30.4% to ₹121 Cr, net profit down 38.1% to ₹67 Cr
Results · Finvezto · 2 Nov 2026 · Ganesh Housing (GANESHHOU)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 121 | - | -30.4% |
| Operating profit | 98 | - | -33.9% |
| Net profit | 67 | - | -38.1% |
| Operating margin | 80.7% | - | -4.3 pp |
| Net margin | 55.2% | - | -6.9 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Q2 FY27 revenue stood at INR 121 crores from project land sales, while EBITDA reached INR 98 crores with an 80.7% EBITDA margin and PAT stood at INR 67 crores. Earnings call
- For the first half of FY27, revenue reached INR 402 crores and PAT was INR 109 crores, with management reaffirming full-year guidance of INR 1,000 to 1,200 crores revenue. Earnings call
- Tower 1 at Million Minds reached 68.4% leasable carpet area leased across 15 deals, with signed leases generating a contracted rent roll of INR 55.7 crores. Earnings call
What to watch
- Management on fy27 revenue and pat: We expect a much different and better performance during H2 and hence, our guidance which we have given in Q1 this year for FY27 of INR1,000 crores to INR1,200 crores revenue and INR300 crores to INR325 crores PAT is reaffirmed.
- Management on tower 1 lease rental timeline: Fit-outs are progressing, and we continue to expect lease rentals to come in from Q4 of FY27.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.