Home First Finance Company India is a technology driven affordable housing finance company (HFC) focused on first-time home buyers in low and middle-income groups. It primarily offers housing loans for the purchase or construction of homes.
The housing finance company's net profit surged to Rs 44.87 crore in Q2 FY22 from Rs 14.33 crore in Q2 FY21. Total income increased by 34.3% YoY to Rs 146.16 crore during the quarter. Total CRAR was at 56.4% and Tier I capital stood at 55.2% as on 30 September 2021.
Shares of Home First Finance ended 0.44% higher at Rs 736.55 on Tuesday.
