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GIC Housing Finance reports standalone net loss of Rs 55.71 crore in the June 2020 quarter

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Capital Market

Sales decline 1.40% to Rs 305.78 crore

Net loss of GIC Housing Finance reported to Rs 55.71 crore in the quarter ended June 2020 as against net profit of Rs 14.94 crore during the previous quarter ended June 2019. Sales declined 1.40% to Rs 305.78 crore in the quarter ended June 2020 as against Rs 310.12 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales305.78310.12 -1 OPM %47.5683.94 -PBDT-76.6219.88 PL PBT-77.6919.19 PL NP-55.7114.94 PL

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First Published: Sep 14 2020 | 8:16 AM IST

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