Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

Realty stock jumps 12% after its net profit increases by 112.6% in Q3

News by Aliceblue News Desk

05 Feb 2025

Realty stock jumps 12% after its net profit increases by 112.6% in Q3

Introduction:

Leading realty company reported a remarkable 112.6% YoY increase in net profit for Q3 FY25, reaching ₹19.51 crore. Revenue surged 1,981.2%, driven by strong operational growth, while total expenses increased as the company expanded its operations and services.

Alice Blue Image

Share price movement of Geecee Ventures:

On February 5, 2025, GeeCee Ventures Limited opened at ₹443.95, up 7.93% from its previous close of ₹411.35. The stock reached a high of ₹465.00 (13.13%) and a low of ₹434.00. By 10:56 AM, it traded at ₹445.95, an 8.41% increase, with a market cap of ₹932.56 crore.

Also Read: Engineering stock jumps 5% after it receives 2 orders worth ₹8 Cr

Geecee Ventures Ltd Reports Strong Q3 FY25 Results:

Geecee Ventures Ltd reported a net profit of ₹19.51 crore in Q3 FY25, marking a 112.6% increase from ₹9.19 crore in Q3 FY24. Sequentially, net profit surged 55.5% from ₹12.54 crore in Q2 FY25, showcasing impressive growth.

Revenue from operations reached ₹47.69 crore, a substantial rise of 1,981.2% YoY from ₹2.29 crore in Q3 FY24. Compared to Q2 FY25, revenue increased 187.6% from ₹16.56 crore. Total income stood at ₹58.8 crore, up 326.1% YoY from ₹13.8 crore.

Total expenses for Q3 FY25 were ₹33.3 crore, a 742.3% increase from ₹3.95 crore in Q3 FY24. Sequentially, expenses surged 135.9% from ₹14.14 crore in Q2 FY25, reflecting higher operational costs aligned with the company’s growth trajectory.

Ace investor holding in Geecee Ventures:

Ashok Kumar Jain

Ashok Kumar Jain holds a 4.23% stake in GeeCee Ventures Limited, owning 884,671 shares valued at ₹39 crore. His investment reflects confidence in the company’s growth and performance within the realty sector.

Akash Manek Bhanshali

Akash Manek Bhanshali holds a 3.01% stake in GeeCee Ventures Limited, owning 629,570 shares valued at ₹27.8 crore. His investment underscores confidence in the company’s potential for continued growth and success in the realty sector.

Stock performance of Geecee Ventures for Period of 1 week, 6 months and 1 year:

GeeCee Ventures Limited recorded a 4.72% gain over the past week, with a 10.9% increase over six months. Over the past year, the company saw a strong 53.6% rise, reflecting solid growth and investor confidence in its performance.

Also Read: Infra stock jumps 10% after its PAT increases by 45.3% YoY

Shareholding pattern of Geecee Ventures:

All values in %Dec 2024Sep 2024Jun 2024
Promoter67.70%67.70%67.70%
FII0.20%0.10%0.00%
DII0%0%0%
Public32.20%32.20%32.30%
Alice Blue Image

About Geecee Ventures:

GeeCee Ventures Ltd (NSE: GEECEE), established in 1984, is involved in real estate development, financial services, and renewable energy. The company develops residential and commercial projects and operates 5.35 MW Wind Turbine Generators in Jodhpur, alongside investments in financial instruments.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones