PB Fintech reported a significant surge in Q4FY25, with net profit soaring by 185% to ₹171 crore, driven by a 38% increase in revenue to ₹1,508 crore. Policybazaar’s core online business grew by 31%, contributing ₹877 crore. The company’s consolidated PAT for FY25 rose by 448% to ₹353 crore, accompanied by a 37% YoY rise in premium at ₹7,030 crore.
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,