GIC Housing Finance standalone net profit rises 28.45% in the March 2018 quarter

Sales rise 11.35% to Rs 296.20 crore

Net profit of GIC Housing Finance rose 28.45% to Rs 59.87 crore in the quarter ended March 2018 as against Rs 46.61 crore during the previous quarter ended March 2017. Sales rose 11.35% to Rs 296.20 crore in the quarter ended March 2018 as against Rs 266.02 crore during the previous quarter ended March 2017.

For the full year,net profit rose 24.84% to Rs 184.43 crore in the year ended March 2018 as against Rs 147.73 crore during the previous year ended March 2017. Sales rose 12.61% to Rs 1126.37 crore in the year ended March 2018 as against Rs 1000.21 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales296.20266.02 11 1126.371000.21 13 OPM %90.5589.42 -87.4789.55 - PBDT81.4371.62 14 272.47227.80 20 PBT81.2671.41 14 271.83227.10 20 NP59.8746.61 28 184.43147.73 25

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