Policybazaar parent’s Q1 profit jumps 92% driven by margin gains

PB Fintech’s net profit jumped 92% to Rs 163 crore in the April-June quarter. The Gurugram-based company saw operating revenues rise 40% to Rs 1,888 crore. CEO Yashish Dahiya said, “We are not holding back in terms of growth.” Strong insurance premiums helped the firm improve its overall profit margins.