GIC Housing Finance Posts 11% Rise in Q1 Net

New Delhi: GIC Housing Finance Ltd on Friday reported an 11.4 per cent increase in standalone net profit at Rs 28.25 crore for the fiscal first quarter that ended on June 30, 2015. The company, which provides loan for purchase or construction of residential units, had reported a net profit of Rs 25.36 crore for the corresponding period a year ago. Its income rose to Rs 204.58 crore during the April-June quarter of the current fisca...