Co-founder and Executive Vice Chairman Alok Bansal sold 16.5 lakh shares at an average price of ₹1,821.50 each, totaling ₹300.5 crore. Yashish Dahiya, co-founder, Chairman, and Group CEO, sold 34 lakh shares for ₹619.31 crore.
Also Read: PB Fintech Q3 Results: Profit surges 88.2% to ₹71.5 crore, new insurance premiums increase 44% YoY
The stake sales attracted significant interest from major institutional investors, including HDFC Life Insurance, ICICI Prudential Life Insurance, and Ghisallo Master Fund LP, among others.Fourth Quarter Results
For the fourth quarter ending March 31, 2025, PB Fintech reported a remarkable 184.1% year-on-year (YoY) increase in net profit, reaching ₹171 crore, compared to a net profit of ₹60.2 crore in the same quarter of the prior fiscal year. Revenue from operations grew by 38.4% to ₹1,507.9 crore, up from ₹1,089.6 crore in the corresponding period of the previous fiscal year.
The company’s EBITDA saw a staggering increase of 1,955%, hitting ₹113 crore in the fourth quarter of this fiscal compared to ₹5.5 crore in the same quarter last year. The EBITDA margin was recorded at 7.5% for the reporting quarter, in contrast to 0.5% in the corresponding period of the previous fiscal.
Also Read: PB Fintech’s health insurance segment expanding four times faster than the industry average, says Group CEO
PB Fintech reported total insurance premiums of ₹23,486 crore, with new core online insurance premiums growing by 45% and new health and life insurance premiums increasing by 48%. For the quarter, total insurance premiums amounted to ₹7,030 crore, up 37% YoY, primarily driven by growth in new health insurance.
PB Fintech Ltd’s shares closed at ₹1,834.70, down ₹5.05, or 0.27%, on the BSE.
