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GIC Housing Finance standalone net profit declines 69.79% in the June 2019 quarter

Capital Market 

Sales rise 6.30% to Rs 310.12 crore

Net profit of GIC Housing Finance declined 69.79% to Rs 14.94 crore in the quarter ended June 2019 as against Rs 49.45 crore during the previous quarter ended June 2018. Sales rose 6.30% to Rs 310.12 crore in the quarter ended June 2019 as against Rs 291.75 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales310.12291.75 6 OPM %83.8791.34 -PBDT19.8868.88 -71 PBT19.1968.74 -72 NP14.9449.45 -70

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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, August 14 2019. 10:49 IST
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