The company has reported marginal fall of 1.01% in its net profit at Rs 46.20 crore for the quarter under review as compared to Rs 46.67 crore for the same quarter in the previous year. However, total income of the company increased by 11.90% at Rs 301.53 crore for Q2FY19 as compared Rs 269.47 crore for the corresponding quarter previous year.
GIC Housing Finance’s primary business is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
