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GIC Housing Finance Q3 results: Net profit rises 26% to Rs 76 cr

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New Delhi: GIC Housing Finance on Monday claimed a 25.a few per cent increase in it has the standalone net profit at Rs 76.53 crore inside the quarter ended Dec 2021. The company experienced registered a internet profit of Rs 61 crore inside the same quarter per year earlier.

Sequentially, the web profit was better by 69 % from Rs 45.23 crore within September 2021 1 / 4.

Total income, however, fell to Rs 293 crore within Q3 FY’22 while against Rs 312 crore in the identical quarter of the prior fiscal year, GIC Housing Finance claimed in a regulatory completing.

GIC Housing Finance is mainly engaged in the company of providing money for purchase or design of residential residences.

Shares in the company ended 2.54 per cent along at Rs 159.15 apiece for the BSE.

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