GIC Housing Finance's Q1 FY 2026-27 Quarterly Results

Result Summary

• GIC Housing Finance Ltd reported a 2.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 0.7%.
• Its expenses for the quarter were up by 1.0% QoQ and 4.5% YoY.
• The net profit decreased 81.2% QoQ and increased 35.8% YoY.
• The earnings per share (EPS) of GIC Housing Finance Ltd stood at 1.87 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GIC Housing Finance Ltd is a prominent financial services company operating in the housing finance sector. The company primarily provides loans for the purchase or construction of residential properties in India. Its product offerings include housing loans to individuals and developers, as well as loans against property. The company operates in a competitive market, with its primary clientele being individual homebuyers and real estate developers. As of the latest available data, there are no major public developments or announcements beyond the scope of this report.

Revenue

During the first quarter of fiscal year 2027 (Q1FY27), GIC Housing Finance Ltd reported a total income of ₹267.37 crores. This represents a slight decrease of 2.2% when compared to the previous quarter (Q4FY26) where the total income was ₹273.47 crores. On a year-over-year basis, the total income showed a marginal increase of 0.7% from ₹265.44 crores in Q1FY26. The revenue figures suggest a relatively stable performance with minor fluctuations in income over the observed periods.

Profitability

The profitability metrics for GIC Housing Finance Ltd in Q1FY27 indicate significant changes when compared to both the previous quarter and the same period last year. The company reported a Profit Before Tax (PBT) of ₹17.74 crores, marking a substantial decrease of 72.0% from the PBT of ₹63.40 crores recorded in Q4FY26. Year-over-year, the PBT improved notably from a loss of ₹20.31 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 was ₹10.08 crores, showing a sharp decline of 81.2% from the previous quarter's PAT of ₹53.68 crores, but a significant improvement from the ₹7.42 crores reported in Q1FY26. The Earnings Per Share (EPS) for Q1FY27 was ₹1.87, experiencing a similar downward trend of 81.2% from ₹9.97 in Q4FY26, yet a 35.5% increase from ₹1.38 in Q1FY26.

Operating Metrics

GIC Housing Finance Ltd's operating expenses in Q1FY27 amounted to ₹217.14 crores, which is an increase of 1.0% from the previous quarter's expenses of ₹214.89 crores. Compared to the same quarter last year, operating expenses rose by 4.5% from ₹207.78 crores in Q1FY26. The tax expense for Q1FY27 was ₹7.66 crores, a decrease of 21.2% from ₹9.72 crores in Q4FY26, but an improvement from a tax credit situation of -₹27.73 crores in Q1FY26. These figures reflect changes in the company's cost structure and tax obligations over the periods analyzed.