PB Fintech, the parent company of PolicyBazaar and PaisaBazaar, saw a significant increase in profit, jumping by 184% to Rs 171 crore in Q4 FY25 with revenues at Rs 1,508 crore.
The company reported a 38% rise in operating revenue and a nearly threefold increase in net profit, supported by growth in insurance and lending businesses.
PB Fintech's revenue from operations reached Rs 1,508 crore, with Rs 1,322 crore coming from insurance brokerage services, showing an 87% share.
Despite higher expenses, PB Fintech's net profit for FY25 rose by 448% to Rs 353 crore, showcasing margin improvement alongside investments in new insurance ventures and increased credit disbursals.