PB Fintech Jumps The Most In Nearly Two Years On Q3 Profit Beat
The fintech company reported a 7.3% surge in revenue at Rs 870.9, that compares with the Rs 851.1 crore revenue estimated by Bloomberg.31-01-2024
31-01-2024
Q3FY24 Quarterly Result Announced for PB Fintech Ltd.
Internet Software & Services company PB Fintech announced Q3FY24 results: Scale: Insurance Premium: Achieved Rs 4,261 crore, representing an Annual Recurring Revenue (ARR) of Rs 17,000 crore. Credit Disbursal: Achieved an ARR of Rs 14,000 crore with 5.6 lakh Credit Cards. Core Online Business: New Protection Premium: Registered a significant growth of 44%. Operating Revenue: Reached Rs 593 crore, showing a robust growth of 39%. Contribution Margin: Improved to 44%. Adjusted EBITDA: Improved to Rs 76 crore from Rs 26 crore, with the margin increasing to 13% from 6%. Total Business: Operating Revenue: Reached Rs 871 crore, marking a substantial growth of 43%. Adjusted EBITDA Margin: Improved to 4% from -5%. Profit After Tax (PAT): Grew by Rs 125 crore, reaching Rs 37 crore, compared to a PAT loss of Rs 87 crore in the previous year. Cash Position: Improved by Rs 204 crore YoY, reaching Rs 5,150 crore. New Initiatives: Operating Revenue: Achieved Rs 278 crore, reflecting a growth of 50%. Contribution Margin Break-even: Successfully achieved in new initiatives. PB Partners: Maintained leadership in the B2B2C agent aggregation platform. Result PDF30-01-2024
PB Fintech Ltd - 543390 - Disclosure U/R 30 Of The SEBI (LODR) Regulations, 2015
Disclosure u/r 30 of the SEBI (LODR) Regulations, 201530-01-2024
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Earnings Call Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company post approval and declaration of unaudited Financial Results (standalone & consolidated) for the quarter and nine months ended December 31, 2023 ('Results'), will hold its earnings conference call for shareholders, investors and analysts on Tuesday, January 30, 2024 at 06:00 P.M. (IST).25-01-2024
PB Fintech Ltd - 543390 - Board Meeting Intimation for Intimation Of Board Meeting U/R 29 Of The SEBI (LODR) Regulations, 2015
PB Fintech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2024 ,inter alia, to consider and approve Intimation of Board Meeting scheduled on 30-Jan-2024 u/r 29 of the SEBI (LODR) Regulations, 201522-01-2024
SoftBank completely exits PB Fintech, earns $650-mn returns: Report
In December 2023, SoftBank sold a 2.5 per cent stake in PolicyBazaar's parent firm PB Fintech for Rs 914 crore through open market transactions.17-01-2024
PB Fintech Ltd - 543390 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of 2,01,526 shares on exercise of equivalent no. of ESOPs under ESOP Plan 202111-01-2024
PB Fintech Ltd - 543390 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate u/r 74(5) of SEBI DP Regulations 2018 for the quarter ended December 31, 202308-01-2024