Источник
The Hindu Business Line.com, Chennai, India


Заголовок
PB Fintech reports ₹51 crore profit in Q2, overcoming previous losses


Дата
20241105


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PB Fintech reports ₹51 crore profit in Q2, overcoming previous losses PB Fintech reports ₹51 crore profit in Q2, overcoming previous losses Updated - November 05, 2024 at 10:07 PM. Although this profit figure is lower than the ₹60 crore recorded in the previous quarter, it marks the fourth consecutive profitable quarter for the company. By KR Srivats Comments Share Copy link Email• Коммуникации » Интернет-коммуникации » Электронная почта Facebook• Объект организация » Организации по алфавиту » Организации на Me » Meta (компания) » Facebook • Объект организация » Организации по алфавиту » Организации на Fa » Facebook Twitter• Объект организация » Организации по алфавиту » Организации на Tw » Twitter, Inc. Telegram LinkedIn WhatsApp Reddit READ LATER Remove See All Total income surged by 40% to ₹1,273 crore compared to ₹909 crore a year earlier. The growth was driven primarily by a 57% increase in insurance• Страхование premiums, reaching ₹5,450 crore. PB Fintech, a parent entity that operates insurance• Страхование aggregator Policybazaar and credit marketplace Paisabazaar, on Tuesday reported a consolidated net• Страхование » Нетто profit of ₹ 51 crore for the quarter ended September 30, 2024, as against a net• Страхование » Нетто loss of ₹ 20 crore in the same quarter last year. The latest bottomline performance is also lower than the net• Страхование » Нетто profit of ₹60 crore recorded in June 2024 quarter. Total income for the quarter under review stood at ₹1,273 crore, up 40 per cent over total income of ₹909 crore recorded in same quarter last year. Total consolidated income for the June 2024 quarter stood at ₹1,111 crore. The latest September 2024 quarter is the fourth consecutive quarter in which the company has remained in the black and reported profits. In the March 2024 quarter, PB Fintech had reported a net• Страхование » Нетто profit of ₹60 crore. For the December 2023 quarter, PB Fintech reported a net• Страхование » Нетто profit of ₹37 crore. Led by growth in new health and life insurance• Страхование business• Экономика » Бизнес, PB Fintech’s total insurance• Страхование premium for the July-September quarter stood at ₹5,450 crore, up 57 per cent over ₹3,475 crore in same period last year, company’s filings with stock exchanges showed. “Our Credit business• Экономика » Бизнес has been flat in terms of disbursal at ₹4,239 crore over last year same quarter. However revenue has declined 8 percent due to change in product mix between secured and unsecured credit. This business• Экономика » Бизнес continues to be adjusted EBITDA positive since December 2022. Our total Credit Score consumer base now is about 47.7million”, PB Fintech said. Policybazaar has a 93 per cent market share among online aggregators. To date, it has issued 46.8 million insurance• Страхование policies. The total number of transacting consumers and 51 insurance• Страхование partners stood at 17.4 million. Comments SHARE Copy link Email• Коммуникации » Интернет-коммуникации » Электронная почта Facebook• Объект организация » Организации по алфавиту » Организации на Me » Meta (компания) » Facebook • Объект организация » Организации по алфавиту » Организации на Fa » Facebook Twitter• Объект организация » Организации по алфавиту » Организации на Tw » Twitter, Inc. Telegram LinkedIn WhatsApp Reddit Published on November 5, 2024

============= Итог:
2,3500 ; Страхование#Нетто

1,6500 ; Экономика#Бизнес

1,3125 ; Коммуникации#Интернет-коммуникации#Электронная почта
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организации

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	Twitter, Inc.

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