PB Fintech Reports 54% Profit Surge in Q4, Revenue Hits ₹2,061 Crore
PB Fintech shares in focus after Q4 net profit jumps 54% to Rs 261 crore; revenue up 36%
The Economic TimesImage: The Economic Times
PB Fintech, the parent company of Policybazaar, reported a 54% increase in net profit for Q4 FY26, reaching ₹261 crore. The company's operating revenue also grew by 36% year-on-year to ₹2,061 crore, driven by a significant rise in insurance premium collections and lending disbursals.
- 01Net profit for Q4 FY26 rose 54% to ₹261 crore.
- 02Operating revenue increased 36% year-on-year to ₹2,061 crore.
- 03Total premiums for FY26 reached ₹29,934 crore, up 42% from the previous year.
- 04Core online insurance premiums grew 39% year-on-year.
- 05Consolidated profit after tax for FY26 jumped 115% to ₹670 crore.
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PB Fintech, based in Gurugram, India, reported a 54% increase in net profit for the March quarter of FY26, amounting to ₹261 crore, up from ₹169 crore in the same quarter last year. The company's operating revenue rose by 36% year-on-year to ₹2,061 crore, driven by substantial growth in insurance premium collections, which is central to its business model. For the entire financial year, PB Fintech's operating revenue reached ₹7,166 crore, compared to ₹5,385 crore the previous year. The company reported a 42% increase in total premiums collected, totaling ₹29,934 crore for FY26. Core online insurance premiums grew 39%, while the number of credit cards issued reached 350,000 during the year. The consolidated profit after tax for FY26 surged 115% to ₹670 crore, with margins improving to 10% from 6% in FY25. Marketing expenses rose to ₹370 crore, reflecting the company's strategy to enhance its market presence.
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The strong financial performance of PB Fintech indicates a growing demand for insurance and credit services in India, potentially benefiting consumers through improved service offerings.
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