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Corporate Results - Housing Finance
GIC Housing Fin Q4 net up

Our Bureau

Mumbai, May 6 GIC Housing Finance’s net profit rose 39 per cent to Rs 17 crore in the fourth quarter of 2008-09, as against Rs 12 crore in the corresponding quarter last year.

For the full year, the company’s net profit increased marginally by 1 per cent to Rs 57 crore as against Rs 56 crore of profit in the previous fiscal, the company said in a notice to the stock exchanges.

The shares of GIC Housing Finance closed at Rs 48.60 on the BSE on Wednesday, down from Tuesday’s close of Rs 50.10.

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