Ganges Securities Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Consistent revenue growth over the last four quarters indicates strong demand for financial services.
Improved net profit margins suggest better cost management and operational efficiencies.
Increased return on equity (ROE) reflects enhanced shareholder value and effective capital utilization.

NEGATIVES

Declining net income in the latest quarter raises concerns about profitability sustainability.
Higher operating expenses in recent periods may impact future profitability.
Substantial fluctuations in asset quality could increase the risk exposure for the company.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	4.47	5.89	13.32	12.97	2.64	7.72	15.16	13.10	2	6.36
Expenses	7.78	6.21	4.49	11.66	6.90	5.96	6.22	11.60	7.67	5.47
Operating Profit	-3.31	-0.32	8.84	1.31	-4.26	1.76	8.94	1.51	-5.67	0.89
Other Income	0.68	0.17	0.17	0.65	0.29	0.12	0.17	0.11	0.73	0.60
Interest	0.01	0	0	0.01	0.01	0	0	0	0.01	0
Depreciation	0.19	0.19	0.20	0.20	0.19	0.19	0.19	0.20	0.47	0.16
Profit Before Tax	-2.82	-0.34	8.80	1.75	-4.31	1.45	8.92	1.43	-5.41	1.32
Tax	-0.09	0.18	2.14	0.41	-0.30	0.39	1.70	0.40	-1.70	0.29
Net Profit	-2.74	-0.52	6.67	1.34	-4.01	1.05	7.22	1.03	-3.71	1.03
Eps in Rs	-2.74	-0.52	6.67	1.34	-4.01	1.05	7.22	1.03	-3.71	1.03