PB Fintech Q1 Results: Policybazaar parent's profit nearly doubles as margin expands

PB Fintech's consolidated net profit rose 92.4% to ₹163 crore in Q1, driven by growth in insurance and credit businesses.

Revenue from operations increased 40.1% to ₹1,888.2 crore, with EBITDA margin expanding to 7.37% from 2.54%.

Total insurance premium grew 41% year-on-year, while core online lending disbursals rose 33% in Q1.

PB Fintech's shares ended 1.92% higher at ₹1,627.70 ahead of the results announcement.