GIC Housing Finance standalone net profit declines 38.51% in the March 2022 quarter

19 May 2022 , 08:05 AM

Net profit of GIC Housing Finance declined 38.51% to Rs 49.01 crore in the quarter ended March 2022 as against Rs 79.70 crore during the previous quarter ended March 2021. Sales declined 3.74% to Rs 285.21 crore in the quarter ended March 2022 as against Rs 296.28 crore during the previous quarter ended March 2021. For the full year,net profit rose 64.41% to Rs 173.57 crore in the year ended March 2022 as against Rs 105.57 crore during the previous year ended March 2021. Sales declined 7.02% to Rs 1140.73 crore in the year ended March 2022 as against Rs 1226.84 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	285.21	296.28	-4	1140.73	1226.84	-7
OPM %	84.26	100.13	–	81.82	77.67	–
PBDT	76.43	115.57	-34	238.98	139.03	72
PBT	73.37	114.49	-36	230.40	134.55	71
NP	49.01	79.70	-39	173.57	105.57	64

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