PB Fintech, the parent company of Policybazaar and Paisabazaar, has reported a remarkable 448% year-on-year increase in net profit for the fiscal year 2024–25 (FY25), reaching ₹353 crore, up from ₹64 crore in FY24.
Key Financial Highlights
- Net Profit: ₹353 crore in FY25, a 448% increase from ₹64 crore in FY24.
- Operating Revenue: ₹4,977 crore, up 45% year-on-year.
- Profit Margin: Improved from 2% in FY24 to 7% in FY25.
Growth Drivers
Insurance Segment
Policybazaar’s core online insurance business contributed significantly to the revenue, with a 45% year-on-year increase in new online insurance premiums. The total insurance premium collected stood at ₹23,486 crore in FY25.
Credit Segment
Paisabazaar, the credit marketplace arm, reported strong growth in secured credit products, with total disbursals reaching ₹7,652 crore in the March quarter, nearly double from ₹3,546 crore a year earlier.
Operational Efficiency
PB Fintech’s expenses for the March quarter increased by 29% to ₹1,437 crore from ₹1,114.5 crore a year back. However, the slower growth in expenses, coupled with better performance across business verticals, contributed to the improved bottom line. T
Market Response
Following the announcement of the strong financial results, PB Fintech’s shares surged over 4% on May 16, 2025. Brokerages have maintained ‘Buy’ ratings, citing improved margins and growth in online insurance sales.
Conclusion
PB Fintech’s impressive financial performance in FY25 underscores its strong position in India’s fintech sector. The significant growth in both insurance and credit segments, along with improved operational efficiency, positions the company for continued success in the coming years.@EconomicTimes
