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 Total Income for Q4FY23 of ₹ 951 Crores up from ₹ 591 Crore year on year, a rise of 61%.
- Total Expenses for Q4FY23 of ₹ 961 Crores up from ₹ 811 Crores year on year, rise of 18%.
- Consolidated Net Loss of ₹ (9) Crores, up 64% from ₹ (220) Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ (0.20), up 61% from ₹ (4.99) in the same quarter of the previous year.