PB Fintech Limited — Important, 05-11-2024: Financial Result Updates

PB Fintech reported a 61% year-over-year growth in new online insurance premiums, reaching ₹5,450 crore for Q2 FY25. Consolidated operating revenue rose 44% to ₹1,167 crore, while profit after tax improved by ₹72 crore to ₹51 crore. The renewal revenue also saw significant growth of 45%, reaching an annualized rate of ₹633 crore. The company continues to enhance customer experiences and operational efficiencies, maintaining a positive outlook for future growth in both insurance and credit sectors.