GIC Housing Finance has reported results for second quarter ended September 30, 2012.
On Standalone basis, the company has posted a rise of 148.92% in its net profit at Rs 23.15 crore, as compared to Rs 9.30 crore for the same quarter in the previous year. Total income has increased by 29.49% at Rs 136.54 crore for quarter under review as compared to Rs 105.44 crore for the quarter ended September 30, 2011
GIC Housing Finance offers loans on fixed and floating basis. Apart from this, it is having Flexi- Fixed, Step Up/ Step Down schemes and mortgage loans.
