Home First Finance Q2 results: Net profit rises 29% to ₹170 crore; NII up 29%

Home First Finance Company India on Tuesday, October 27, reported a 29.1% year-on-year increase in net profit to ₹170.2 crore for the September quarter from ₹131.8 crore in the year-ago period.

Net interest income (NII), the difference between interest earned and interest paid, rose 29.1% year-on-year to ₹266.6 crore in the second quarter, against ₹206.5 crore a year earlier. Total income increased to ₹567 crore in Q2 FY27 from ₹479 crore in the corresponding quarter last year. Profit before tax rose to ₹222.2 crore from ₹173.2 crore a year earlier.

For the first half of FY27, Home First Finance reported a net profit of ₹330 crore, compared with ₹250.7 crore in the year-ago period.

Home First Finance asset quality

The housing finance company’s gross non-performing asset (NPA) ratio stood at 1.74% as of September 30, 2026. Its net NPA ratio was 1.34%, while the provision coverage ratio for Stage 3 loans stood at 23.6%.

Management changes

The company’s board approved the appointment of Rinkoo Somani as chief financial officer, effective October 27. Somani is a chartered accountant with more than 25 years of experience in finance, treasury, regulatory compliance, capital planning and financial controls.

She has held senior positions at HDFC, HDFC Bank, IDFC and IDFC FIRST Bank, and most recently served as group CFO at the Dani family office.

Shares of Home First Finance Company India closed 0.8% higher at ₹1,020, ahead of the Q2 results announcement on Tuesday. The stock has declined more than 7% so far in 2026 and close to 16% over the last 12 months.

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