Home First Finance soars after strong Q4 performance : vimar

Home First Finance soars after strong Q4 performance


Home First Finance Company India jumped 6.16% to Rs 518.85 after the company's net profit surged 150.8% to Rs 31 crore in Q4 FY21 from Rs 12 crore in Q4 FY20.
Total income during the quarter increased by 28.1% year-on-year (YoY) to Rs 136 crore. Disbursement in Q4 FY21 were at Rs 452 crore, up by 30.4% from Rs 347 crore in Q4 FY20. Collection efficiency has improved further to 98.5% in March 2021 from 97.6% in December 2020. Bounce rates have improved to 17.3% in Q4 FY21 from 20.1% in Q3 FY21.
Asset under management (AUM) registered a growth of 14.4% to Rs 4,141 crore in Q4 FY21 over Q4 FY20.
The housing financier reported 25.9% increase in net profit to Rs 100 crore on 16.6% rise in total income to Rs 489 crore in the year ended 31 March 2021 over the year ended 31 March 2020.

Related Keywords

India , Manoj Viswanathan , Home First Finance Company India , Home First Finance Company , First Finance Company , Gross Loan Assets , Capital Market , Cred , Companies Based In Bangalore , Covid 19 Recession In India , Consumer Lending Nec , Inance , Housing Financier , Omebuyers , Low And Middle Income Groups , Ceo , இந்தியா , மனோஜ் விஸ்வநாதன் , வீடு முதல் நிதி நிறுவனம் இந்தியா , வீடு முதல் நிதி நிறுவனம் , முதல் நிதி நிறுவனம் , மொத்த கடன் சொத்துக்கள் , மூலதனம் சந்தை , கடன் , எயோ ,

© 2025 Vimarsana