Home First Finance Company India Ltd posts net profit of Rs. 69.12 crores in Q1FY24

Home First Finance Company India Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 259.807 crores during the period ended June 30, 2023 as compared to Rs. 231.303 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 69.122 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 64.028 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.61 for the period ended June 30, 2023 as compared to Rs. 7.06 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 259.807 crs	₹231.303 crs	12.32%
Net Profit	₹69.122 crs	₹64.028 crs	7.96%
EPS	₹7.61	₹7.06	7.79%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 259.807 crores during the period ended June 30, 2023 as compared to Rs.169.345 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.69.122 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.51.247 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.61 for the period ended June 30, 2023 as compared to Rs.5.64 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 259.807 crs	₹169.345 crs	53.42%
Net Profit	₹69.122 crs	₹51.247 crs	34.88%
EPS	₹7.61	₹5.64	34.93%

Shares of Home First Finance Company India Limited was last trading in BSE at Rs. 862.60 as compared to the previous close of Rs. 841.00. The total number of shares traded during the day was 31944 in over 3136 trades.

The stock hit an intraday high of Rs. 889.00 and intraday low of 843.95. The net turnover during the day was Rs. 27851226.00.

Source : Equity Bulls

Keywords

HomeFirstFinanceCompanyIndia Q1FY24 ResultUpdate