Star Housing Finance reports 70% revenue growth in April-June quarter ...Middle East

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Star Housing Finance reports 70% revenue growth in April-June quarter
source : Business Standard ( Middle East ) () 51
Semi-urban and rural-focused home finance company Star Housing Finance Ltd (Star HFL) has reported a 70 per cent jump in its revenue for the April-June quarter on strong growth in interest income and commission fee. Total revenue rose by 70 per cent to Rs 20.96 crore for the April-June quarter of 2024-25 compared to Rs 12.29 crore in the year-ago period, the BSE-listed company said in a release. Interest income rose to Rs 18.08 crore in the first quarter of FY25 against Rs 11.20 crore in April-June 2023-24. Assets under management soared by 73.55 per cent to Rs 471.41 crore in the June quarter over the year-ago period. Disbursements were at Rs 61.23 crore in the quarter under review. Profit

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