Ganesh Housing Reports Strong Q1 FY26 Earnings and Growth

Ganesh Housing Corporation reported a Q1 FY26 revenue of INR 1,510 Mn. EBITDA margins saw substantial growth, expanding to 84.8% from 70.5% in Q1 FY25, with EBITDA reaching INR 1,280 Mn. PAT margins also improved, reaching 61.6% from 51.6% in the prior year, yielding a PAT of INR 931 Mn.

The company is progressing with its Malabar Retreat project, currently 43% complete, and Million Mind Tech Park Phase 1, nearing 90% completion with fit-out expected from Q2 FY26. A new commercial project, One Thaltej, with a saleable area of 1.8 msf, is in the planning stage, with construction slated for post-monsoon commencement. Ganesh Housing remains net debt-free for over three years.