Brief: India's GIC Housing Finance March Qtr Profit Rises

GIC Housing Finance

24/04/2018 12:05

April 24 (Reuters) - GIC Housing Finance Ltd  GICH.NS :
    * MARCH QUARTER NET PROFIT 598.7 MILLION RUPEES VERSUS
PROFIT
466.1 MILLION RUPEES YEAR AGO
    * MARCH QUARTER REVENUE FROM OPERATIONS 2.96 BILLION RUPEES
VERSUS
2.66 BILLION RUPEES YEAR AGO
    * SAYS APPROVED INCREASE IN BORROWING POWERS OF CO TO 150
BILLION
RUPEES
    * RECOMMENDED DIVIDEND OF 5.50 RUPEES PER SHARE
    * APPROVED RAISING LIMIT OF RAISING FUNDS VIA ISSUE OF
NCDS/BONDS
THROUGH PRIVATE PLACEMENT BASIS UP TO 10 BILLION RUPEES

Source text - https://bit.ly/2Hscs63
Further company coverage:  GICH.NS 

 ((Reuters.Briefs@thomsonreuters.com;))