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PB Fintech Ltd Q2FY24; 42% rise in Revenue

PB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands – Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products

Financial Results:

PB Fintech Ltd reported Revenues for Q2FY24 of ₹812.00 Crores up from ₹573.00 Crore year on year, a rise of 41.71%.

Total Expenses for Q2FY24 of ₹930.00 Crores up from ₹822.00 Crores year on year, a rise of 13.14%.

Consolidated Net Profit of -₹21.00 Crores from -₹187.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.45, from -₹4.15 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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