Policybazaar Parent Posts 92% Profit Jump On Margin Expansion

Policybazaar parent company's net profit jumped 92% year-on-year to ₹163 crore in Q1 as operating margins expanded and EBITDA improved significantly. Insurance distribution is shifting from customer acquisition spend to margin realization; insurtech founders should focus on higher-margin product categories and retention unit economics rather than chasing GMV—profitability is now the denominator.

Source: ET Tech ↗