ALPHA TRIBE

PB Fintech LimitedBoard Meeting, 31-07-2025: Outcome of Board Meeting

31-07-2025 | 08:58 pm

PB Fintech's board has approved its consolidated Q1 financial results, showing strong growth. Revenue jumped 33% to ₹1,348 Cr, while Net Profit soared 347% YoY to ₹85 Cr. Total Insurance Premium hit ₹6,616 Cr, up 36%. Lending disbursals grew 123% YoY to ₹7,003 Cr. The board also sanctioned unsecured loans: ₹300 Cr to Policybazaar and ₹100 Cr to Paisabazaar, for meeting IPO objectives and other expenses. Additionally, M/s Dhananjay Shukla & Associates were appointed Secretarial Auditors for five years, pending shareholder approval. A solid quarter for PB Fintech, showcasing business scale and strategic capital deployment.

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