PB Fintech becomes profitable in FY24
PB Fintech Ltd.’s shares jumped 3% to ₹1,279.55, after reporting a rise in revenue from operations by 25% QoQ and 34.4% YoY, while the net profit grew 61.7% QoQ and increased from a loss of ₹487.94 crore in FY23 to a profit of ₹64.41 crore in FY24, representing an improvement of ₹552 crore.