GIC Housing Finance LTD. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company net sales were INR 1,391.6 million against INR 1,119.4 million for the same period of last year. Profit from operations before other income & exceptional items were INR 313.6 million against INR 160.4 million for the same period of last year. Profit from ordinary activities before tax was INR 313.6 million against INR 160.4 million for the same period of last year. Net profit after tax was INR 232.1 million or INR 4.31 per basic and diluted share against INR 122.0 million or INR 2.27 per basic and diluted share for the same period of last year.

For the nine months, the company net sales were INR 4,085.3 million against INR 3,173.7 million for the same period of last year. Profit from operations before other income & exceptional items were INR 920.3 million against INR 515.4 million for the same period of last year. Profit from ordinary activities before tax was INR 920.3 million against INR 515.4 million for the same period of last year. Net profit after tax was INR 683.8 million or INR 12.70 per basic and diluted share against INR 390.6 million or INR 7.25 per basic and diluted share for the same period of last year.