GIC Housing Finance profit up by 4% in July-Sept
GIC Housing Finance has reported an increase of 4% in its net profit during the quarter ending September. Its profit after tax (PAT) increased from Rs 40.42 crore in Q1 to Rs 41.95 crore in Q2.
Company’s revenue however saw a slight dip during the said period and stood at Rs 273.92 crore. Its revenue from operations was Rs 275.07 crore in the previous fiscal. The company’s debt to equity ratio was 10.21 at the end of quarter ending September.