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Home First Finance Company India has reported a significant 35.47 percent surge in its net consolidated profit after tax for the quarter ending June 30, 2025, reaching INR 118.89 crore. The company also saw a healthy 33.38 percent growth in total consolidated income. This strong financial performance is complemented by a 28.6 percent year-on-year increase in Assets Under Management (AUM) and a seven percent rise in disbursements. The successful completion of a Qualified Institutional Placement (QIP) and a credit rating upgrade are set to strengthen HomeFirst's capital base and support its expansion plans, including a growing branch network and low gross non-performing assets (NPA).
Home First Finance Company India has announced a notable increase in its net consolidated profit for the quarter ending June 30, 2025. The company's profit after tax surged by 35.47 percent, reaching INR 118.89 crore. This marks a substantial rise compared to the INR 87.76 crore recorded in the same quarter of the previous fiscal year. Advertisement
The company also reported a healthy growth in its total consolidated income, which increased by 33.38 percent to INR 455.26 crore in the first quarter of fiscal year 2026, up from INR 341.32 crore in the prior year.
Key financial highlights for the quarter include a 28.6 percent year-on-year growth in Assets Under Management (AUM), reaching INR 13,479 crore. Disbursements also increased by seven percent to INR 1,243 crore. The company maintained a Return on Assets (ROA) of 3.7 percent and a gross non-performing assets (NPA) ratio of 1.8 percent, indicating good asset quality. The cost to income ratio was reported at 34.2 percent. As of June 30, 2025, the ECL provision stood at INR 90 crore.
Manoj Viswanathan, MD & CEO, highlighted the successful completion of a Qualified Institutional Placement (QIP) of INR 1,250 crore. This was followed by an upgrade of the company's long-term credit rating to AA (Stable) by ICRA, IndRa, and CARE. This capital infusion is expected to strengthen HomeFirst's capital base and support its expansion plans.
The company also expanded its physical branch network by adding 3 new branches, bringing the total to 158. As of June 30, 2025, the total Capital to Risk-weighted Assets Ratio (CRAR) was 49.6 percent, with Tier I capital at 49.2 percent, and net worth at INR 3,855 crore. Total borrowings, including debt securities, were INR 9,674 crore, and the company maintained a liquidity of INR 3,379 crore with a cost of borrowings at 8.4 percent.
These figures reflect HomeFirst's strong financial position and its ability to fund future growth in the housing finance sector.
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