StockWatch
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Housing Finance Company
Quarterly Result13 Aug 2026, 03:48 pm

GIC Housing Finance Q1 FY27 PAT Rises 25% to ₹10 Cr

AI Summary

GIC Housing Finance Ltd reported its financial highlights for the quarter ended June 30, 2026. Profit After Tax (PAT) increased by 25% to ₹10 crore compared to ₹8 crore in the same quarter last year. Total Income grew marginally by 1% to ₹267 crore. Expenses saw a 13% decrease to ₹249 crore, primarily driven by a significant 59% reduction in Provision for NPA and others. Loan portfolio grew 5% to ₹11,185 crore, while Networth increased by 7% to ₹2116 crore. Gross NPA decreased by 1% to ₹502 crore, with Gross NPA percentage at 4.49%.

Key Highlights

  • PAT increased by 25% to ₹10 crore for Q1 FY27.
  • Total Income grew 1% to ₹267 crore.
  • Total Expenses decreased by 13% to ₹249 crore.
  • Loan portfolio grew 5% to ₹11,185 crore.
  • Gross NPA reduced by 1% to ₹502 crore.