Q2 2024 PB Fintech Ltd Earnings Call Transcript

7 days ago

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Nov 06, 2024 / 02:30AM GMT
Rasleen Kaur - PB Fintech Ltd - Head - Investor Relations

A very good morning, everyone, and welcome to PB Fintech Limited earnings call quarter two financial year '24-'25. Today, we have with us Yashish Dahiya, Chairman and CEO, PB Fintech; Alok Bansal, Executive Vice Chairman, PB Fintech; Sarbvir Singh, Joint CEO of PB Fintech; Naveen Kukreja, Co-Founder and CEO, Paisabazaar; Mandeep Mehta, Group CFO, PB Fintech, and I'm Rasleen.

I would now like to request Yashish to start with the address.

Yashish Dahiya - PB Fintech Ltd - Executive Chairman of the Board, Chief Executive Officer

Thanks, Rasleen. So thank you all for joining, early morning for India. We are extremely pleased that the health and life insurance business, which as I have repeatedly said is the bulk of our long-term value, is continuing to witness phenomenal growth, 69% year-on-year in new premium for the quarter. And the total insurance premium for the quarter is now at [INR5,450 crores] so at an ARR of almost INR20,000 crores -- INR22,000 crores. And of course, we are just in the

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