Home First Fin soars 8% to 52-week high on strong net profit, assets growth in Q3
The growth in AUMs were also aided by a 29.1 percent on year jump in disbursement in Q3to top the Rs 1,000 crore-mark for the first time.
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The growth in AUMs were also aided by a 29.1 percent on year jump in disbursement in Q3to top the Rs 1,000 crore-mark for the first time.
Home First Finance Company's net consolidated total income stood at Rs 277.98 crore in Q2 FY24, a growth of 46.77 per cent from Rs 189.40 crore it recorded in the similar quarter last year.
“There is more interest from banks to lend to companies which are in the mid-size category like ours. Earlier, a lot of those funds would probably get directed towards larger companies like HDFC. We are seeing early signs of that and that is good for companies as well rated like ours and which are growing at this stage.”
The Global South, at the receiving end of the tender mercies of Western civilisation for centuries, has finally stood up
Demand for affordable housing is strong because it’s a segment that depends largely on urbanization and industrialization, says Manoj Viswanathan.