GIC Housing Finance’s shares closed 1.68% up at Rs406.20 on BSE. Photo: Hemant Mishra/MintNew Delhi: GIC Housing Finance on Tuesday reported a rise of 28% in net profit at Rs59.87 crore for the last quarter of 2017-18 financial year ended 31 March. The total income increased to Rs297 crore from Rs266.63 crore in the year-ago period, the company said in a BSE filing. The total assets grew to Rs11,354.68 crore by the end of 2017-18 from Rs9,404.49 crore as on 31 March 2017. GIC Housing Finance is engaged in the business of providing loans for purchase or construction of residential units.

Source: Mint April 24, 2018 12:33 UTC