Ganesh Consumer Q2 Profit Surges 68.7% as Company Declares Interim Dividend
Key Facts
Ganesh Consumer reported a 68.7% year-on-year surge in net profit to ₹188 million for the second quarter of FY27, up from ₹111 million in the previous year. According to scanx.trade, the company declared an interim dividend of ₹3.7 per share despite a 4.8% decline in total income to ₹2.28 billion.
The profitability growth was supported by a 23.6% increase in EBITDA to ₹295 million, with EBITDA margins expanding to 13.0%. While revenue faced pressure in the Atta category due to state policy changes, a significant reduction in finance costs from ₹43 million to ₹6 million bolstered the bottom line. Additionally, the company approved the sale of its Hyderabad plant for ₹32.50 crore to redeploy capital into manufacturing facilities in Eastern India.