GIC Housing Finance - Q4FY13 Result - First-Cut - Microsec

GIC Housing Finance Ltd announced its Q4FY13 and FY13 result on 10th May 2013.

In Q4FY13, the company's topline grew by 4.70% QoQ and 22.58% YoY to INR146.03 crores. Whereas, bottomline declined by 25.26% QoQ and 16.67% YoY to INR16.65 crores. Company's made a provision for contingencies amounting to INR16.27 crores (Previous period quarter NIL) and for FY13, INR26.93 crores (Previous year INR19.27 crores), which lead to down its the bottomline number.

The Board of Directors have recommended a dividend of INR5 per equity share of INR10 each.

Source : Equity Bulls

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