{"id":156468,"date":"2023-11-21T05:28:24","date_gmt":"2023-11-21T10:28:24","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156468"},"modified":"2023-11-21T05:28:26","modified_gmt":"2023-11-21T10:28:26","slug":"gic-housing-finance-ltd-q2fy24-46-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/gic-housing-finance-ltd-q2fy24-46-fall-in-profits\/","title":{"rendered":"GIC Housing Finance Ltd Q2FY24; 46% fall in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>GIC Housing Finance Ltd reported Revenues for Q2FY24 of \u20b9268.00 Crores down from \u20b9279.00 Crore year on year, a fall of 3.94%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b9230.00 Crores up from \u20b9208.00 Crores year on year, a rise of 10.58%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b930.00 Crores down 46.43% from \u20b956.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b95.60, down 46.46% from \u20b910.46 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267-839x1024.png\" alt=\"\" class=\"wp-image-156488\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-5.gif\" alt=\"\" class=\"wp-image-156437\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 Q2FY24 of \u20b9268.00 Crores down from \u20b9279.00 Crore year on year, a fall of 3.94%. Total Expenses for Q2FY24 of \u20b9230.00 Crores up [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":156488,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9708],"class_list":["post-156468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-nbfc"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-267.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151706,"url":"https:\/\/alphastreet.com\/india\/gic-housing-finance-ltd-q1fy24-18-fall-in-profits\/","url_meta":{"origin":156468,"position":0},"title":"GIC Housing Finance Ltd Q1FY24; 18% fall in Profits","author":"Hardik Bhandare","date":"August 8, 2023","format":false,"excerpt":"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 \u20b9268.00 Crores down from \u20b9274.00 Crore year on year, a fall of 2.19%. Total Expenses for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-344.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-344.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-344.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-344.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-344.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-344.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155197,"url":"https:\/\/alphastreet.com\/india\/pnb-housing-finance-ltd-q2fy24-46-rise-in-profits\/","url_meta":{"origin":156468,"position":1},"title":"PNB Housing Finance Ltd Q2FY24; 46% rise in Profits","author":"Chirag Gupta","date":"October 23, 2023","format":false,"excerpt":"PNB Housing Finance offers retail customers housing and non-housing loans, including individual home loans, loan against property, non-resident property loan, among others. It is promoted by Punjab National Bank. Financial Results: PNB Housing Finance Ltd reported Revenues for Q2FY24 of \u20b91,766.00 Crores up from \u20b91,672.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-89.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-89.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-89.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-89.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-89.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-89.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156271,"url":"https:\/\/alphastreet.com\/india\/lic-housing-finance-ltd-q2fy24-281-rise-in-profits\/","url_meta":{"origin":156468,"position":2},"title":"LIC Housing Finance Ltd Q2FY24; 281% rise in Profits","author":"Hardik Bhandare","date":"November 15, 2023","format":false,"excerpt":"LIC Housing Finance Limited is a housing finance company registered with National Housing Bank (NHB) and is mainly engaged in financing purchase \/ construction of residential flats \/ houses to individuals and project finance to developers, Loan against Property (LAP), Lease Rental Discounting (LRD)for commercial properties as well as purchase\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-201.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-201.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-201.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-201.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-201.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-201.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157617,"url":"https:\/\/alphastreet.com\/india\/ganesh-housing-corporation-ltd-q2fy24-353-rise-in-profits\/","url_meta":{"origin":156468,"position":3},"title":"Ganesh Housing Corporation Ltd Q2FY24; 353% rise in Profits","author":"Divyansh_Kasana","date":"January 9, 2024","format":false,"excerpt":"Ganesh Housing Corporation Limited (earlier known as Ganesh Housing Finance Corporation Limited) is a part of the Ganesh Group founded in 1991. GHCL has built a strong presence in and around Ahmedabad. GHCL has developed and sold over 22 million sq. ft. of real estate space, with another 2.5 million\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-22.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-22.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-22.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-22.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-22.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-22.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156249,"url":"https:\/\/alphastreet.com\/india\/aptus-value-housing-finance-india-ltd-q2fy24-20-rise-in-profits\/","url_meta":{"origin":156468,"position":4},"title":"Aptus Value Housing Finance India Ltd Q2FY24; 20% rise in Profits","author":"Divyansh_Kasana","date":"November 15, 2023","format":false,"excerpt":"Aptus Value Housing Finance India Ltd is a Home Loan Company. Aptus has been formed to primarily address the housing finance needs of self-employed, low and middle income families primarily from semi-urban and rural areas. Company targets first-time home buyers where collateral is self- occupied residential property. Financial Results: Aptus\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-194.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-194.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-194.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-194.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-194.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-194.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156112,"url":"https:\/\/alphastreet.com\/india\/shriram-properties-ltd-q2fy24-20-fall-in-revenue\/","url_meta":{"origin":156468,"position":5},"title":"Shriram Properties Ltd Q2FY24; 20% fall in Revenue","author":"Chirag Gupta","date":"November 10, 2023","format":false,"excerpt":"Shriram Properties is a part of Shriram Group. They are one of the leading residential real estate development companies in South India primarily focused on the mid-market and affordable housing categories. Financial Results: Shriram Properties Ltd reported Revenues for Q2FY24 of \u20b9206.00 Crores down from \u20b9259.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-154.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-154.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-154.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-154.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-154.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-154.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156468"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/156488"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}