GIC Housing Finance Q3 FY11 Results : Net profit zooms 3.7 times

by khalid on 04/02/2011 · 0 comments

GIC Housing Finance Limited (GICHF) has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY10-11). During the said quarter, net profit zooms 3.7 times to Rs 57.35 crores in comparison to Rs 15.50 crores of Q3 (ending Dec 09) of previous year (FY09-10). GIC Housing Finance Limited (GICHFL) was incorporated to provide financial assistance to individuals and to persons and entities engaged in construction of houses/flats for residential purposes.

The company has informed the share market (BSE/NSE) that the net sales has increased 9.94% to Rs 85.08 crore in Q3 (ending Dec 2010) of the current fiscal (FY10-11) when compared with the same quarter Q3 (ending Dec 2009) of previous year (FY09-10). Total income was Rs 77.36 crores in last year’s quarter Q3.

Share’s Data :-
BSE Code : 511676
Mkt. Cap : Rs 568.65 Crores
GIC Housing Finance Ltd. share’s CMP is Rs 105.50 on 3rd Feb 2011.

Stay tuned to BelltheBull Blog for more news on GIC Housing Finance Limited !

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