Q4FY17 Results: GIC Housing Finance
DSIJ Intelligence / 26 Apr 2017
GIC Housing Finance's net profit for the quarter increased 35.4% QoQ to Rs 46.6 crore.
GIC Housing Finance Ltd (GICHFL) reported its Q4FY17 results today.
The company’s NII for the quarter grew 22.7% QoQ to Rs 99.8 crore.
Its net profit for the quarter increased 35.4% QoQ to Rs 46.6 crore.
The board of directors has recommended a dividend of Rs 5 per equity share of Rs.10 each
On a yearly basis, GICHFL's NII grew 21.4% to Rs. 332.4 crore in FY17 and its net profit increased by 18.7% in FY17 to Rs 147.7 crore
GIC Housing Finance Ltd is an Indian company. The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes. GICHFL has presence in 27 locations (24 business centres and 3 collection centres) across the country
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