HomeFirst India Achieves Robust Financial Growth Amidst Global Challenges

HomeFirst India reports a strong financial performance, showing a 24.9% increase in Assets Under Management (AUM) to ₹15,878 Crore. Disbursement reaches a new high of ₹1,572 Crore with significant year-on-year and quarter-on-quarter growth. The company continues to improve asset quality and profitability, emphasizing sustainable growth through initiatives like Green Homes.

HomeFirst India has showcased robust financial performance, with its Assets Under Management (AUM) witnessing a notable 24.9% year-on-year growth to ₹15,878 Crore. The company's remarkable progression was also evident in its disbursement, achieving a record high of ₹1,572 Crore, marking a year-on-year increase of 23.5% and a quarter-on-quarter rise of 19.3%.

Chief Executive Manoj Viswanathan attributed this success to disciplined underwriting, rigorous risk management, and a stable macroeconomic environment in India. Despite global uncertainties, the company has sustained business momentum and solidified profitability. The asset quality also improved, with key performance indicators showing growth and stability.

HomeFirst India's commitment to sustainable development was reinforced under its Green Homes initiative, which certified an additional 140 homes within the quarter. Moving forward, the company aims to explore emerging opportunities with enhanced execution and an ambition to establish a market-leading franchise.