ALPHA TRIBE

Home First Finance Company India LimitedOthers, 28-01-2025: Change in Management

28-01-2025 | 08:29 pm

The Board has approved the reviewed financial results for the quarter and nine months ending December 31, 2024. Key figures include a total income of ₹ 11,230.12 crore with a profit after tax of ₹ 2,773.76 crore. The company plans to raise up to ₹ 1,250 crore through a Qualified Institutions Placement to support its loan portfolio expansion. Additionally, Mr. Ajay Khetan has been elevated to Deputy Chief Executive Officer, enhancing strategic alliances and marketing. Ms. Harshita Dixit has also been reappointed as Head of Internal Audit for three years. This financial performance and strategic move may boost investor confidence, presenting growth potential while managing operational risks.

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