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Informist, Friday, Aug. 1, 2025

NEW DELHI – PB Fintech Ltd. expects to see an uptick in its lending business from Oct-Dec, the company's management said in a post-earnings call with analysts. The fintech company, which owns the insurance aggregator platform Policybazaar and provides loans through Paisabazaar, gets the major chunk of its revenue from the insurance business, while the loan business has remained lacklusture since the company's listing on bourses in 2021.

In the June quarter, PB Fintech's revenue from operations grew 33% on year to INR 13.48 billion. Policybazaar's earnings in Apr-Jun grew 37% on year, accounting for nearly 90% of the company's net sales. On the other hand, revenue from Paisabazaar fell 22% on year. 

Till September, Paisabazaar aims to focus on back-end operations and work on product maturity, the company's management said. "After these fixes, we should see healthy growth from quarter three (Oct-Dec)."

Even with a slow loan business, PB Fintech reported a 41% jump in its consolidated net profit for the June quarter at INR 845.90 million on the back of the company's strong insurance business, which helped offset the lacklustre lending business. The company detailed its earnings late on Thursday. At 1047, shares of PB Fintech were down 1% at INR 1,795.60.  End

Reported by Shreya Shetty and Krity Ambey

Edited by Avishek Dutta

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