Home First Finance Company Money Making Up 27% at Rs 88 Crore in Q1FY25

                Home First Finance Company has reported a 27% year on year increase in profit to 
Rs. 88 crores in the first quarter of this fiscal against Rs. 69 crore profit a year ago.
Their non performing assets, or bad loans stood at 1.7% unchanged from the previous
quarter and is expected to continue at similar levels in the future.

It assets under management grew 35% on year to Rs. 10,475 crores, while loan disbursement
Grew 30% on year to Rs. 1,163 crores. About  86% of its portfolio comprises housing loans
With average ticket size of Rs 11.6 lakh.
“We have increased presence in 4 new districts taking the total coverage to 135 districts. The
company plans to open 20-25 new physical branches in this financial year”, said Manoj 
Viswanathan, Managing Director at home First Finance.

Home First Finance now has a total of 133 branches across 13 states in the country.