PB Fintech Limited — Board Meeting, 05-11-2024: Outcome of Board Meeting

PB Fintech reported robust results for the quarter ending September 30, 2024, with a 44% increase in operating revenue to ₹1,167 Cr and net profit surged by ₹72 Cr to ₹51 Cr. Key growth drivers included a 61% rise in online insurance premiums, particularly a 69% growth in health and life insurance. The company confirmed a cash balance of ₹5,423 Cr and emphasized ongoing investments in operational improvements to further enhance customer service and claims support.