New Delhi, Oct. 29 -- PB Fintech Ltd, the parent of Policybazaar, saw its revenue grow in the second quarter ended September, aided by new insurance plans and renewals, and credit disbursals.
Consolidated revenue from operations of Rs.1,614 crore in the quarter ended September, up 38% year-on-year and 20% sequentially, according to its exchange filing. The sequential growth, however, eased from a 33% jump to Rs.1,348 crore in the April-June quarter.
Profit after tax stood at Rs.135 crore, up 58% sequentially and 165% year-on-year, reflecting stronger operating leverage and improved contribution. The PAT margin improved to 8% in Q2 from 4% a year earlier. This is the second time since listing the PAT margin has been positive.
Total insu...
		
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