Policybazaar parent PB Fintech’s Q3 FY26 net profit surged 165% to INR 189.4 Cr from INR 71.5 Cr in the year-ago quarter. On a sequential basis, the company’s PAT zoomed 40% from INR 134.9 Cr.
The company’s revenue zoomed 37% YoY and 10% QoQ to INR 1,771.1 Cr in the quarter under review. Including other income of INR 84.9 Cr, the company’s total income for the quarter stood at INR 1,856 Cr.
Meanwhile, PB Fintech’s total expenses rose 27% YoY to INR 1,655.4 Cr.
Besides announcing its financial performance, PB Fintech also informed its plans to undertake a qualified institutional placement (QIP) to fund the pursuit of inorganic growth activities. The board has scheduled a meeting on February 5 (Thursday) to consider and approve the fundraise.
(The story will be updated soon)
The post PB Fintech’s Q3 Profit Zooms 2.6X YoY To INR 189 Cr, Board To Mull Fundraise appeared first on Inc42 Media.
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