Policy Bazar Co-Founders Dahiya, Bansal shed shares worth Rs 665 crore
New Delhi, June 8: Co-Founders of Policy Bazar (PB) Fintech Company Yashish Dahiya and Alok Bansal have collectively sold nearly 38 lakh shares in the firm, worth around Rs 665 crore through a block deal, according to exchange disclosures.
The transaction was executed at Rs 1,751 per share, with Dahiya selling shares worth Rs 455 crore and Bansal divesting stock worth Rs 210 crore.
The transaction was participated in by several marquee institutional investors, including Tata Mutual Fund, Morgan Stanley, Goldman Sachs, Kotak Mahindra Asset Management, National Pension System Trust, and Societe Generale.
Strong Q4 Performance
The development comes as PB Fintech posted a 53.5 per cent year-on-year rise in consolidated net profit to Rs 261 crore in the fourth quarter of FY26, compared with Rs 170 crore in the same period last year, according to a stock exchange filing.
Consolidated revenue rose 36.7 per cent year-on-year to Rs 2,061 crore during the quarter ended March 2026, up from Rs 1,508 crore in the corresponding quarter of FY25.
The growth was supported by continued momentum in the insurance business and expansion across digital financial services.
Operating income, measured as earnings before interest and taxes (EBIT), surged 94.3 per cent to Rs 218 crore from Rs 112 crore a year earlier.
Operating margins also improved to 10.6 per cent from 7.4 per cent in the year-ago quarter, reflecting improved operating efficiency and scale benefits.
The company’s total insurance premium for the quarter stood at Rs 9,217 crore, marking a 46 per cent increase year-on-year, driven largely by strong traction in its core online protection business.
Revenue from the insurance business rose 40 per cent, while PB Fintech’s core credit business recorded 7 per cent growth during the quarter. (BVI)
