PB Fintech, the parent company of Policybazaar, reported sharp narrowing of losses in the fourth quarter at Rs 8.9 crore. The company had posted a loss of Rs 220 crore in the fourth quarter of last year and Rs 87 crore in the December quarter. Revenue from operations jumped 61% year-on-year to Rs 869 crore for the January-March period. The same stood at Rs 540 crore in the corresponding period of last year.

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