PB Fintech Q3 Results: Revenue from operations increased 43% year-on-year (YoY) to Rs 871 crore. Revenue from its core online marketplaces – Policybazaar and Paisabazaar – grew 39% to Rs 593 crore, while the adjusted operating profit improved by Rs 50 crore YoY.
PB Fintech, the parent company of Policybazaar and Paisabazaar, reported a net profit of ₹37 crore in Q3FY24, a significant improvement from the net loss of ₹87 crore in the same period last year. The company s revenue from operations also increased by 43% YoY to ₹871 crore in Q3.