GIC Housing Finance - Q1FY13 Result First-Cut - Microsec

GIC Housing Finance Ltd has announced its Q2FY13 result on 16th October 2012.

Company's total income increased by 3.56% QoQ and 29.50% YoY to INR136.54 crores. Whereas, Profit After Tax (PAT) increased by 5.13% QoQ and 148.92% YoY to INR23.15 crores.

During the quarter, company has reduced its other expenses ( includes provision for contingencies amounting to INR4.27 crores) by 35.27% YoY to INR9.45 crores, which leads to increase in the bottom line on YoY basis.

Source : Equity Bulls

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