GIC Housing Finance has declared its third quarter results. The company's Q3FY11 net sales were up 12.6% at Rs 83 crore versus Rs 73.7 crore, year-on-year, YoY.
Its net profit was up 2.7 times at Rs 57.3 crore versus Rs 15.5 crore.
Its includes profit on sale of long term investment at Rs 88.5 crore versus Nil
Additional provision for contingencies at Rs 40 crore versus Nil.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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