PB Fintech Q1 results : profit at ₹60.18Cr, Revenue increased by 51.82% YoY

PB Fintech Q1 Results Live : PB Fintech declared their Q1 results on 06 Aug, 2024. The topline increased by 51.82% & the profit came at ₹60.18cr. It is noteworthy that PB Fintech had declared a loss of ₹11.42cr in the previous fiscal year same period. As compared to the previous quarter, the revenue declined by 7.26%.

The Selling, general & administrative expenses rose by 3.46% q-o-q & increased by 20.12% Y-o-Y. The operating income was down by 211.1% q-o-q & increased by 40.82% Y-o-Y.

The EPS is ₹1.18 for Q1 which increased by 553.56% Y-o-Y. PB Fintech has delivered -1.47% return in the last 1 week, 57.81% return in the last 6 months, and 80.56% YTD return.

Currently, PB Fintech has a market cap of ₹65073.05 Cr and 52wk high/low of ₹1543 & ₹661.3 respectively. As of 07 Aug, 2024, out of 15 analysts covering the company, 2 analysts have given Sell rating, 5 analysts have given Hold rating, 4 analysts have given Buy rating & 4 analysts have given Strong Buy rating.

The consensus recommendation as of 07 Aug, 2024, was to Buy.