GIC Housing Finance standalone net profit rises 201.67% in the March 2021 quarter

Sales decline 5.42% to Rs 296.13 crore

Net profit of GIC Housing Finance rose 201.67% to Rs 79.70 crore in the quarter ended March 2021 as against Rs 26.42 crore during the previous quarter ended March 2020. Sales declined 5.42% to Rs 296.13 crore in the quarter ended March 2021 as against Rs 313.11 crore during the previous quarter ended March 2020.

For the full year,net profit rose 131.46% to Rs 105.57 crore in the year ended March 2021 as against Rs 45.61 crore during the previous year ended March 2020. Sales declined 1.68% to Rs 1226.47 crore in the year ended March 2021 as against Rs 1247.45 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales296.13313.11 -5 1226.471247.45 -2 OPM %100.0186.84 -77.6184.68 - PBDT115.5746.83 147 139.03118.40 17 PBT114.4942.92 167 134.55112.27 20 NP79.7026.42 202 105.5745.61 131

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