Fintech major PB Fintech’s consolidated profit after tax (PAT) zoomed 41% to INR 84.7 Cr in Q1 FY26 from INR 60 Cr in the year-ago quarter. However, it slipped 50% from INR 170.7 Cr in the preceding March quarter.
It is pertinent to note that the company’s PAT in Q1 FY25 included an exceptional gain of INR 41.1 Cr. This included a gain on sale of investment in Visit Health Pvt Ltd and an impairment of goodwill acquired in a business combination of Myloancare Ventures Pvt Ltd.Excluding the one-time gain, the company’s PAT surged 347% YoY in Q1 FY26.
Meanwhile, operating revenue rose 34% YoY to INR 1,348 Cr in Q1 FY26 but slipped 11% QoQ.
Including other income of INR 98.8 Cr, the company’s total income for the quarter stood at INR 1,446.7 Cr. Meanwhile, total expenses stood at INR 1,355.9 Cr, up 25% YoY and down 6% QoQ.
(The story will be updated soon)
The post PB Fintech Q1: Profit Surges 41% YoY To INR 85 Cr appeared first on Inc42 Media.
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