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    Policybazaar parent will be profitable next fiscal: CEO Yashish Dahiya

    Yashish DahiyaIllustration: Rahul Awasthi

    Synopsis

    Dahiya said the company’s revenue will increase by about five times this fiscal to around Rs 2,000-2,400 crore, higher than the industry growth rate, and it is estimated to record profits of around Rs 1,000 crore by FY27 and still grow its bottom line by 60-70%.

    Online insurance aggregator Policybazaar is on track to profitability and is set to record a profit after tax in FY24, PB Fintech executive chairman and CEO Yashish Dahiya told ET in an interaction ahead of completing one year as a public company.“We will be profitable next year at a profit after tax level–FY24,” Dahiya said. “In the last quarter of this year, we will be positive as a group, at an adjusted Ebitda level. Our core businesses have
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    The Economic Times