GIC Housing Finance Limited — Important, 08-11-2024: Updates

GIC Housing Finance Ltd. reported financial highlights for the half-year ended September 30, 2024. Key figures include a 76% increase in sanctions to ₹940 crore and a 70% rise in disbursements to ₹851 crore. Profit after tax rose by 21% to ₹75 crore, while the gross NPA percentage improved from 4.59% to 3.78%. Earnings per share increased by 22% to ₹14.01. The company holds strong credit ratings from ICRA and CRISIL for its debt instruments.