GIC Housing Finance standalone net profit rises 29.94% in the March 2017 quarter

Sales rise 14.12% to Rs 266.02 crore

Net profit of GIC Housing Finance rose 29.94% to Rs 46.61 crore in the quarter ended March 2017 as against Rs 35.87 crore during the previous quarter ended March 2016. Sales rose 14.12% to Rs 266.02 crore in the quarter ended March 2017 as against Rs 233.10 crore during the previous quarter ended March 2016.

For the full year,net profit rose 18.66% to Rs 147.73 crore in the year ended March 2017 as against Rs 124.50 crore during the previous year ended March 2016. Sales rose 14.38% to Rs 1000.21 crore in the year ended March 2017 as against Rs 874.44 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales266.02233.10 14 1000.21874.44 14 OPM %89.4290.27 -89.5590.64 - PBDT71.6255.21 30 227.80191.93 19 PBT71.4154.98 30 227.10191.11 19 NP46.6135.87 30 147.73124.50 19

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