GIC Housing Finance Limited has informed the Exchange regarding 'Financial Highlights for the year ended on March 31, 2025'.
GICHSGFIN · price
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Awaiting price reaction for this filing.
GIC Housing Finance reported steady FY25 results with Profit After Tax rising 6% to ₹160 crore from ₹151 crore in FY24, supported by a 7% increase in Profit Before Exceptional Items & Tax to ₹219 crore. Loan sanctions surged 42% to ₹1,915 crore and disbursements grew 40% to ₹1,789 crore, indicating strong business momentum. The company recorded an Exceptional Item of ₹13 crore in FY25 (vs nil in FY24), which pulled pre-tax profit down to a marginal 1% growth. Asset quality improved meaningfully, with Gross NPA falling 22% to 3.03% and Net NPA declining 27% to 1.96%, while Net Interest Margin expanded to 3.28% from 3.13%. Book value per share rose 7% to ₹364.78 and credit ratings remain strong at AA+/Stable from both ICRA and CRISIL.
Shareholders see steady profit growth, improving asset quality, and strong credit ratings, but the appearance of an exceptional item worth ₹13 crore and only a marginal 1% growth in pre-tax profit may temper near-term excitement. Improving NIMs and NPA reduction are positives for long-term value.