X

GIC Housing Finance Ltd Q1FY24; 18% fall in Profits

GIC Housing Finance Limited, incorporated in 1989, grants housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.

Financial Results:

  • GIC Housing Finance Ltd reported Revenues for Q1FY24 of ₹268.00 Crores down from ₹274.00 Crore year on year, a fall of 2.19%.
  • Total Expenses for Q1FY24 of ₹229.00 Crores up from ₹225.00 Crores year on year, a rise of 1.78%.
  • Consolidated Net Profit of ₹32.00 Crores down 17.95% from ₹39.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹5.91, down 18.82% from ₹7.28 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post