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GIC Housing Finance Ltd consolidated sales down 1.99% on year in Q2FY2026
12-Aug-2026, 08:06
GIC Housing Finance Ltd share price slipped 1.47% to Rs 150.95 after the company's net profit plunged by 81.22% to Rs 10.08 crore, while revenue from operations softened by 1.99% to Rs 265.28 crore in Q2FY26 over Q1FY26. The market capitalization of Housing Finance Company industry group stocks on BSE stood at Rs 2.71 lakh crore, declining 2.29%. It has eased by 2.01% over last one week and gained upto 1.13% in last one month while the market capitalization of GIC Housing Finance Ltd has slipped by 0.40% and 1.94% in the same period respectively. Profit before tax (PBT) of GIC Housing Finance Ltd stood at Rs 17.74 crore in Q2 FY26, plunging by 187.35% year-on-year, and tumbling by 72.02% quarter-on-quarter. EBITDA came in at Rs 20 crore, tanking 213.33% YoY and nosediving by 68.57% sequentially. Total expenses advancing by 18.83% to Rs 249.63 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 22.86 crore, dropping 8.92% YoY. For the TTM ended FY26, revenue from operations tick up 1.32% to Rs 1068.84 crore, while net profit eased 3.49% to Rs 154.82 crore, compared to previous TTM. EBITDA jumped by 20968% to Rs 168.07 crore, and PBT collapsed by 22.98% to Rs 159.21 crore compared to previous TTM. GIC Housing Finance Ltd crashed 15.76% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.