GIC Housing Finance standalone net profit rises 34.55% in the March 2016 quarter

Sales rise 17.53% to Rs 233.10 crore

Net profit of GIC Housing Finance rose 34.55% to Rs 35.87 crore in the quarter ended March 2016 as against Rs 26.66 crore during the previous quarter ended March 2015. Sales rose 17.53% to Rs 233.10 crore in the quarter ended March 2016 as against Rs 198.34 crore during the previous quarter ended March 2015.

For the full year,net profit rose 20.92% to Rs 124.50 crore in the year ended March 2016 as against Rs 102.96 crore during the previous year ended March 2015. Sales rose 19.64% to Rs 874.44 crore in the year ended March 2016 as against Rs 730.91 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales233.10198.34 18 874.44730.91 20 OPM %90.2788.15 -90.6491.14 - PBDT55.2139.16 41 191.93157.21 22 PBT54.9838.13 44 191.11153.70 24 NP35.8726.66 35 124.50102.96 21

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