GIC Housing Finance’s Net Loss Rs 9.97 Cr for Q2FY20

New Delhi: The net loss of GIC Housing Finance stood at Rs 9.97 crore for the second quarter (Q2) of the current fiscal 2019-20 as against a profit of Rs 46.20 crore in the same quarter of the previous fiscal.

The total revenues of the company increased by 4 percent to touch Rs 313.24 crore in Q2 of the current fiscal as compared to Rs 301.53 crore in the same quarter of the previous fiscal, it said in a regulatory filing.