{"id":45480,"date":"2024-05-07T23:46:50","date_gmt":"2024-05-07T23:46:50","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/07\/pb-fintech-q4-results-policybazaar-parent-reports-pat-of-rs-64-cr-vs-loss-of-rs-488-crore-yoy\/"},"modified":"2024-05-07T23:46:50","modified_gmt":"2024-05-07T23:46:50","slug":"pb-fintech-q4-results-policybazaar-parent-reports-pat-of-rs-64-cr-vs-loss-of-rs-488-crore-yoy","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/07\/pb-fintech-q4-results-policybazaar-parent-reports-pat-of-rs-64-cr-vs-loss-of-rs-488-crore-yoy\/","title":{"rendered":"PB Fintech Q4 Results: Policybazaar parent reports PAT of Rs 64 cr vs loss of Rs 488 crore YoY"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"39\" height=\"27\" src=\"https:\/\/i1.wp.com\/img.etimg.com\/photo\/88591548.cms?resize=39,27&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"PB Fintech Q4 Results: Policybazaar parent reports PAT of Rs 64 cr vs loss of Rs 488 crore YoY\" title=\"PB Fintech Q4 Results: Policybazaar parent reports PAT of Rs 64 cr vs loss of Rs 488 crore YoY\" \/><\/div><p> <br \/>\n<\/p>\n<div data-brcount=\"6\"><a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/online-insurance-aggregator\" target=\"_blank\" rel=\"noopener\">Online insurance aggregator<\/a> PB Fintech, which operates <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/tech\/policybazaar\" rel=\"noopener\">Policybazaar<\/a>, on Tuesday reported a <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/net-profit\" target=\"_blank\" rel=\"noopener\">net profit<\/a> of <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/rs-64-crore\" target=\"_blank\" rel=\"noopener\">Rs 64 crore<\/a> for the <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/quarter\" rel=\"noopener\">quarter<\/a> ended March 31, 2024, as against a loss of Rs 488 crore reported by the company in the year-ago period.<!--\/article_liveblog.cms?msid=107107653potime:1-->The consolidated <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/revenue\" rel=\"noopener\">revenue<\/a> for the reporting quarter stood at Rs 3,438 crore, which was a 34% YoY jump.<\/p>\n<div class=\"sectionemeritus_table\">\n<div id=\"courseTableBox\">\n<h3>Elevate Your Tech Prowess with High-Value Skill Courses<\/h3>\n<table>\n<tbody>\n<tr>\n<th>Offering College<\/th>\n<th>Course<\/th>\n<th>Website<\/th>\n<\/tr>\n<tr>\n<td style=\"width:28%\">IIT Delhi<\/td>\n<td>Certificate Programme in Data Science &amp; Machine Learning<\/td>\n<td style=\"text-align:center; vertical-align:middle;width:20%; padding-left:0\"><a data-ga-onclick=\"Emeritus_edit_articles_click#109923457#tech\" target=\"_blank\" rel=\"nofollow sponsored noopener\" class=\"btn btn_visit\" href=\"https:\/\/iitd.emeritus.org\/iitd-certificate-programme-in-data-science-machine-learning\/index.php?utm_source=timeset&amp;utm_medium=affiliate&amp;utm_campaign=times_et_article_textcta_edit&amp;utm_content=109923457\">Visit<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width:28%\">MIT<\/td>\n<td>MIT Technology Leadership and Innovation<\/td>\n<td style=\"text-align:center; vertical-align:middle;width:20%; padding-left:0\"><a data-ga-onclick=\"Emeritus_edit_articles_click#109923457#tech\" target=\"_blank\" rel=\"nofollow sponsored noopener\" class=\"btn btn_visit\" href=\"https:\/\/executive-ed.xpro.mit.edu\/technology-leadership-and-innovation?utm_source=timeset&amp;utm_medium=affiliate&amp;utm_campaign=times_et_article_textcta_edit&amp;utm_content=109923457\">Visit<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width:28%\">Indian School of Business<\/td>\n<td>ISB Product Management<\/td>\n<td style=\"text-align:center; vertical-align:middle;width:20%; padding-left:0\"><a data-ga-onclick=\"Emeritus_edit_articles_click#109923457#tech\" target=\"_blank\" rel=\"nofollow sponsored noopener\" class=\"btn btn_visit\" href=\"https:\/\/online-er.isb.edu\/product-management\/index.php?utm_source=timeset&amp;utm_medium=affiliate&amp;utm_campaign=times_et_article_textcta_edit&amp;utm_content=109923457\">Visit<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><!--\/widget_emirituscourse_table.cms?courseFlatStructure=true&jumpText=NO&articlemsid=109923457&sectionname=tech&tableheading=Elevate Your Tech Prowess with High-Value Skill Coursespotime:31--><\/div>\n<p>The company was <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/listed\" target=\"_blank\" rel=\"noopener\">listed<\/a> in November 2021 and Q4 delivered its first profit since the listing. The company had reported a loss of Rs 5 crore in the October-December quarter though its <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/losses\" target=\"_blank\" rel=\"noopener\">losses<\/a> have been narrowing over the last seven quarters. Meanwhile, it has increased its revenue in the last nine quarters.<\/p>\n<div class=\"storyCollection\">\n<section data-grx-impression=\"Articleshow Blocker#Scroll#testimonial\" style=\"padding:0px;margin-top:5px;background-color: #fff4f2;\" id=\"testimonialListing1\" class=\"container testimonial\">\n<div class=\"testomonial_wrapper\">\n<div class=\"overh\">\n<h3>Discover the stories of your interest<\/h3>\n<\/div>\n<div style=\"top: 15px;display: flex;align-items: center;justify-content: center;\" class=\"nextprev-btn\"><span class=\"prev-btn leftA disable\"><\/span><span class=\"next-btn rightA\"><\/span><\/div>\n<\/div>\n<\/section>\n<\/div>\n<p><!--\/tech_brief_widget.cms?msid=87862328potime:1--><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/tech\/startups\/pb-fintech-q4-results-policybazaar-parent-back-in-black-with-pat-of-rs-64-crore\/articleshow\/109923457.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online insurance aggregator PB Fintech, which operates Policybazaar, on Tuesday reported a net profit of Rs 64 crore for the quarter ended March 31, 2024, as against a loss of Rs 488 crore reported by the company in the year-ago period.The consolidated revenue for the reporting quarter stood at Rs 3,438 crore, which was a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":45481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1955,918,11564,6859,485,34620,46444,14270,8011,8671,46447,46449,46448,46446,46450,46443,43066,7871,1905,7997,2891,46445,17142],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/45480"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=45480"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/45480\/revisions"}],"predecessor-version":[{"id":45482,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/45480\/revisions\/45482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/45481"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=45480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=45480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=45480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}