GIC Housing Finance Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

GIC Housing Finance Ltd. has announced a board meeting on May 16, 2025, approving consolidated financial results for the quarter and year ended March 31, 2025. Net profit rose to Rs. 160.42 Cr from Rs. 151.35 Cr, with revenue at Rs. 1,078.91 Cr and an EPS of Rs. 29.79. A final dividend of Rs. 4.50/share (45%) was declared. The Board approved plans to raise up to Rs. 2,500 Cr through private placement of NCDs, pending shareholder approval. Key directors were re-appointed, new secretarial auditors appointed, and CFO Varsha Godbole’s term extended by one year.