PB Fintech Posts Growth in Fiscal Q4 Consolidated Profit

MT Newswires Live

05/16

PB Fintech (NSE:POLICYBZR, BOM:543390) recorded a rise in its consolidated attributable profit to 1.71 billion Indian rupees in the fiscal fourth quarter ended March 31, against 605.9 million rupees a year ago.

Earnings per share grew to 3.67 rupees compared with the year-ago figure of 1.31 rupees, according to a Thursday filing to the Indian stock exchanges by the online insurance company.

Revenue from operations in fiscal Q4 also increased to 15.1 billion rupees from 10.9 billion rupees a year earlier.

The company's shares were up 1% in recent trade.

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