India, Jan. 30 -- Insurtech major Policybazaar's parent PB Fintech reported a 92% jump in its consolidated profit after tax (PAT) to INR 72 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 37 Cr in the year-ago quarter, buoyed by healthy insurance premium collection.

Operating revenue surged 48% year-on-year to INR 1,292 Cr in Q3 FY25.

Total insurance premium for the quarter ended December 2024 stood at INR 6,135 Cr, up 44% YoY, led by growth in new health and life insurance business.

(This is a developing story.)

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