Results     19-May-22
Announcements
GIC Housing Finance standalone net profit declines 38.51% in the March 2022 quarter
Sales decline 3.74% to Rs 285.21 crore
Net profit of GIC Housing Finance declined 38.51% to Rs 49.01 crore in the quarter ended March 2022 as against Rs 79.70 crore during the previous quarter ended March 2021. Sales declined 3.74% to Rs 285.21 crore in the quarter ended March 2022 as against Rs 296.28 crore during the previous quarter ended March 2021.

For the full year,net profit rose 64.41% to Rs 173.57 crore in the year ended March 2022 as against Rs 105.57 crore during the previous year ended March 2021. Sales declined 7.02% to Rs 1140.73 crore in the year ended March 2022 as against Rs 1226.84 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear Ended
 Mar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.
Sales285.21296.28 -4 1140.731226.84 -7
OPM %84.26100.13 -81.8277.67 -
PBDT76.43115.57 -34 238.98139.03 72
PBT73.37114.49 -36 230.40134.55 71
NP49.0179.70 -39 173.57105.57 64

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