PB Fintech down 1% after Claymore sells entire stake

PB Fintech, which is the parent company of Policybazaar reported a profit after tax of Rs 37 crore for Q3FY24 against a loss of Rs 87 crore during Q3 of FY 2023.

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26 Aug, 2025 12:21

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Shares of PB Fintech, the parent firm of Policybazaar, fell a percent on February 2 morning after Claymore Investments sold its stake in the company.

Claymore Investments (Mauritius) Pte Ltd sold 2.44 crore equity shares of PB Fintech on February 1 at Rs 992.8a per share, aggregating to over Rs 2,425 crore, according to the bulk deals data. It could not be ascertained who the buyer was.

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PB Fintech reported a profit after tax of Rs 37 crore for the December quarter against a loss of Rs 87 crore in the year-ago period.

Revenue grew 43 percent to Rs 871 crore from the year-ago period.

Also read: PB Fintech turns profitable in Q3 after reporting Rs 37 crore PAT, revenue grows 43%

Over the last year, PB Fintech shares have gained over 130 percent and over 30 percent in the last six months.

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