PB Fintech Surges Ahead with 54% Profit Jump
PB Fintech, the parent company of Policybazar, reported a remarkable 54% increase in net profit for the March quarter of 2025-26, reaching Rs 261 crore. This growth was accompanied by a 37% rise in total revenue during the same period, showcasing the company's robust performance and expansion in its online protection business.
PB Fintech, the parent company of Policybazar, announced an impressive 54% increase in net profit for the March quarter of 2025-26, reaching Rs 261 crore, compared to Rs 170 crore in the corresponding quarter of the previous year.
The company's regulatory filing revealed a 37% year-on-year increase in total revenue for the fourth quarter, amounting to Rs 2,061 crore. For the full fiscal year 2025-26, PB Fintech's profit after tax soared by 115% to Rs 670 crore, with operating revenue growing 37% to Rs 6,794 crore.
The company's total insurance premium for the year was Rs 29,934 crore, a 42% increase year-on-year, driven by its core online new protection business, with quarterly premiums rising 46% to Rs 9,217 crore. PB Fintech's shares ended the day at Rs 1,703.05 on the BSE, marking a 1.39% increase from the previous close.
(With inputs from agencies.)
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