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Informist, Wednesday, May 6, 2026

 

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--PB Fintech Jan-Mar consol net profit INR 2.61 bln 
--Analysts saw PB Fintech Jan-Mar consol net profit at INR 2.38 bln 
--PB Fintech Jan-Mar consol revenue INR 20.61 bln 
--Analysts saw PB Fintech Jan-Mar consol revenue at INR 19.49 bln 
--PB Fintech Jan-Mar consol PAT INR 2.61 bln vs INR 1.70 bln year ago 
--PB Fintech Jan-Mar consol revenue INR 20.61 bln vs INR 15.08 bln year ago 
--PB Fintech FY26 consol PAT INR 6.70 bln vs INR 3.52 bln year ago 
--PB Fintech FY26 consol revenue INR 67.94 bln vs INR 49.77 bln year ago 
--PB Fintech Jan-Mar insurance premium INR 92.17 bln, up 46% on yr 
--PB Fintech Jan-Mar lending disbursal INR 51.82 bln, down 32% on yr 

 

By Vaishali Tyagi

 

NEW DELHI – PB Fintech Ltd. posted a sharp year-on-year jump in consolidated net profit for the March quarter, driven by strong growth in revenue from operations. The net profit of the financial technology company, which owns the insurance aggregator Policybazaar and retail loans aggregator Paisabazaar, grew nearly 54% to INR 2.61 billion in the March quarter. Revenue rose by over 37% year-on-year to INR 20.61 billion in the reporting quarter. Subsequently, net profit and revenue grew by nearly 38% and over 16%, respectively.

 

The company beat Street estimates on net profit and revenue. The analysts had expected net profit in the March quarter to be INR 2.38 billion and revenue to be INR 19.49 billion.

 

The company's total income rose nearly 35% year-on-year and nearly 17% quarter-on-quarter to INR 21.66 billion in the March quarter. 

 

A significant rise in the company's total expenditure limited the rise in net profit in the Jan-Mar quarter. The company's total expenditure for the March quarter rose over 31% year-on-year to INR 18.88 billion.
Sequentially, expenses rose 14%. Of the total expenditure, employee benefits jumped nearly 38% year-on-year to INR 6.99 billion, while other expenses rose nearly 25% year-on-year to INR 7.15 billion in Jan-Mar. 

 

The company's total insurance premium grew 46% year-on-year to INR 92.17 billion. In 2025-26 (Apr-Mar), the company's total insurance premium grew 42% on year to INR 299.34 billion, led by core online new protection business, which grew 57% on year. The core online insurance premium rose 39% on year in FY26 and 44% on year in Jan-Mar. 

 

For the Jan-Mar quarter, the company's credit revenue was INR 1.23 billion, up 7% on year, and disbursals were at INR 26.30 billion, up 11% on year, for the core online business. However, the fintech company's lending disbursements fell to INR 51.82 billion in the March quarter, down 32% on year. 

 

The company's adjusted earnings before interest, tax, depreciation and amortisation rose 89% on year to INR 2.80 billion. "We continue to strengthen our leadership in new initiatives in FY26 with full year revenue growth of 43% YoY, adjusted EBITDA margin improving from (-)9% to (-)4% for the year, with 5% contribution margin," the company said. 

 

Its core insurance revenue rose 48% on year in the reporting quarter. The company's core new insurance premium, net of savings business, rose 59% on year in Jan-Mar. The core new insurance premium, including savings, grew 48% on year for the quarter. Excluding the savings category, the core new insurance premium rose between 34% and 59% over the last 12 quarters. 

 

"We continue to improve our customer onboarding and claims support services, and our insurance customer satisfaction score is consistently above 90%," the company said. 

 

For FY26, the company's consolidated net profit nearly doubled to INR 6.70 billion, up over 90% on year. Consolidated revenue for the period was INR 67.94 billion, up over 36% from INR 49.77 billion in FY25. Total income for the 12-month period was INR 71.66 billion, up over 33% on year.

 

Wednesday, the company's shares closed 1.3% higher at INR 1,701.80 on the National Stock Exchange. The company announced its earnings after market hours.

 

End

 

Edited by Saji George Titus

 

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