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GIC Housing Finance standalone net profit declines 59.42% in the December 2019 quarter

Capital Market 

Sales rise 2.11% to Rs 312.11 crore

Net profit of GIC Housing Finance declined 59.42% to Rs 14.21 crore in the quarter ended December 2019 as against Rs 35.02 crore during the previous quarter ended December 2018. Sales rose 2.11% to Rs 312.11 crore in the quarter ended December 2019 as against Rs 305.67 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales312.11305.67 2 OPM %82.1289.42 -PBDT24.2448.77 -50 PBT23.4748.58 -52 NP14.2135.02 -59

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 08:22 IST
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