GIC Housing Finance FY26 Net Profit Drops 4%

GIC Housing Finance Ltd submits FY26 financial highlights, reporting a 4% YoY decline in Earnings Per Share to ₹28.69.
Gross NPAs surged 40% to ₹445 crore, pushing the Gross NPA ratio to 3.96% from 3.03% in FY25.
The company maintained its high credit ratings, with ICRA and CRISIL affirming AA+(Stable) for long-term debt and A1+ for short-term instruments.