PB Fintech Ltd.'s share price initially rose but later dropped after management expressed concerns about the growth in new insurance core premium.
The company's consolidated net profit for the fourth quarter of fiscal year 2025 more than doubled, exceeding analysts' expectations.
Revenue increased by 17% to Rs 1,508 crore, beating Bloomberg's estimate, and Ebitda rose significantly to Rs 113 crore.
Despite the strong financial results, PB Fintech shares fell with analysts maintaining mixed ratings, and the stock experiencing volatility in trading.