GANESHHOU Ganesh Housing (GANESHHOU) Q2 FY27 results (Jul–Sep 2026) and concall
Ganesh Housing reported Q2 FY27 revenue of ₹121 crores and PAT of ₹67 crores, all from project land sales. Margins returned to a normal 80.7% EBITDA level after Q1 was hit by high-cost amalgamation land and a one-time tax charge. Revenue is lumpy under Ind AS 115 completion accounting, and management reaffirmed FY27 guidance of ₹1,000-1,200 crores revenue and ₹300-325 crores PAT. Meeting it depends heavily on Malabar Retreat completing in Q4 and on land sales in Q3/Q4. The main progress was at Million Minds: Tower 1 reached 68.4% let at rising rents, the fully-let rent estimate rose to ₹84 cro
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What they filed
Q2 FY27: revenue down 23.2%, net profit down 89.3% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 41 | -86 | -97 | -57 | -100 −345% | -55 +35% | 6,618 +6917% | -70 −23% |
| EBITDA | 211 | 17 | -12 | 79 | -11 −105% | 1 −92% | 112 +1045% | 13 −83% |
| Net profit | 156 | 11 | -10 | 57 | -9 −106% | -1 −114% | 46 +538% | 6 −89% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
