GIC Housing Finance Q3: Net Profit falls by 12.11% with marginal rise in revenue growth

New Delhi: The Board of Director of GIC Housing Finance has announced the third quarter financial results of the company and revived the contract with Shri Nirahankar Nath Verma, Head - Integrity and Core Values Department (Senior Management Personnel) for a period of 1 (one) year from April 01, 2026 to 31 March, 2027.

The Revenue from Operations for the company is standing at Rs 26,715 lakhs while total income of the company for Q3FY26 is standing at Rs 27,265 lakhs as against Rs 27,022 lakhs in Q3FY25. The total expenses of the company is standing at Rs 21,779 lakhs and the net profit for the period is reported at Rs 4,369 lakhs as compared to Rs 4,971 lakhs in the corresponding period of previous year.

Shri Nirahankar Nath Verma joined SBI as direct officer as PO (Agri) in 1985, work experience spanning over more than 38 years. Worked in various assignments such as Field Officer, Branch Manager, Regional Manager covering areas of Advances, General Administration, Inspection and Audits, Retail business as well as Vigilance. Also held assignments at Local Head offices and Corporate Center, Mumbai.