Brief: GIC Housing Finance March-qtr profit rises

GIC Housing Finance

26/04/2017 12:16

April 26 (Reuters) - GIC Housing Finance Ltd  GICH.NS  
    * March quarter net profit 466.1 million rupees versus 
profit 358.7 million rupees year ago 
    * March quarter revenue from operations 2.66 billion rupees 
versus 2.33 billion rupees year ago 
    * Says recommends dividend of INR 5/share 
    * Says revises limit of raising funds via NCD/bonds issue up 
to 8 billion rupees 
    * Says approves related party transactions up to 10 billion 
rupees 
    * Says approves increase in borrowing powers from 100 
billion rupees to 125 billion rupees 
 
Source text: (http://bit.ly/2pkIIC7) 
Further company coverage:  GICH.NS  
 
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