GIC Housing Finance Limited — Important, 20-05-2025: Updates

GIC Housing Finance Ltd has announced a board meeting on the financial results for the quarter and half-year. Loan sanctions jumped 42% to ₹1,915 Cr, with disbursements up 40% at ₹1,789 Cr. The gross loan portfolio increased 2% to ₹10,497 Cr, while asset quality improved as Gross NPA fell 22% to ₹318 Cr. Interest income stayed steady at ₹1,049 Cr. Profit after tax grew 6% to ₹160 Cr, aided by expense control and lower provisions. Net interest margin rose to 3.28%, supporting profitability despite higher borrowing costs.