Policybazaar parent’s Q1 profit jumps 92% driven by margin gains
The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded significant improvement, and its Ebitda (earnings before interest, taxes, depreciation and amortisation) expanded fourfold to Rs 139 crore. PB Fintech’s post-tax profit is larger than its Ebitda because the company reports significant non-operating income — Rs 93 for…
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
