Shares of PB Fintech, the parent company of PolicyBazaar, Paisabazaar, and PB Partners, surged 4% following the release of their first-quarter results for the financial year 2025. As of 9:48 AM, the shares were trading 3.68% higher at ₹1,487.70 on the NSE.
Financial Highlights
- Net Profit: ₹60 crore, a significant turnaround from a loss of ₹12 crore in the same quarter last year.
- Revenue: Increased by 52% to ₹1,010 crore, up from ₹666 crore in the previous fiscal’s corresponding period.
Quarterly Performance
PB Fintech has now reported its third consecutive profitable quarter, showing consistent improvement in financial performance:
- Q3 FY24 Net Profit: ₹38 crore
- Q4 FY24 Net Profit: ₹60 crore
- Q1 FY25 Net Profit: ₹60 crore
Business Growth
The substantial rise in revenue is largely attributed to the growth in PB Fintech’s online business:
- Premium from Online Business: Grew by 62% year-on-year.
- Health and Life Insurance Segment: Saw a significant spike of about 78%.
| Metric | Q1 FY25 | Q1 FY24 | Y-o-Y Change (%) |
|---|---|---|---|
| Net Profit | ₹60 crore | -₹12 crore | – |
| Revenue | ₹1,010 crore | ₹666 crore | 52% |
| Online Business Premium Growth | – | – | 62% |
| Health and Life Insurance Growth | – | – | 78% |
PB Fintech’s impressive financial performance in the first quarter, marked by a strong increase in net profit and revenue, has driven positive investor sentiment, resulting in the notable rise in its share price. The company’s continued growth in the health and life insurance segments highlights its expanding market presence and operational success.