PB Fintech’s second-quarter profit after tax rose 43% to ₹192 crore as insurance premiums and operating revenue grew, extending gains across its insurance and credit businesses.
The company’s Q2 FY27 results cover the quarter ended Sept. 30, 2026. Its PAT margin was 9%, compared with 8% a year earlier. The board approved unaudited standalone and consolidated results for the quarter and half year on Oct. 30; the results included limited review reports from the auditors.
Total insurance premium reached ₹9,385 crore, a 38% year-over-year increase. New protection premiums, which include health and term insurance, rose 42%, while new health insurance premiums increased 46%. PB Fintech’s India insurance premium figures are stated before goods and services tax.
Consolidated operating revenue grew 35% to ₹2,178 crore. Core insurance revenue increased 42%, and core credit revenue rose 19% to ₹125 crore. The company also said core new insurance premium, excluding savings business, grew 41% year over year in Q2 FY27 and had increased by more than 34% for 14 consecutive quarters.
Total lending disbursals were ₹4,739 crore. Core lending accounted for ₹2,791 crore, up 22% from the year-earlier quarter. On a 12-month rolling basis, core renewal and trail revenue reached ₹1,097 crore, compared with ₹774 crore a year earlier. On an annualized basis, quarterly core insurance renewal revenue rose 52% to ₹1,153 crore from ₹758 crore a year earlier.
PB Fintech operates Policybazaar, an insurance marketplace, and Paisabazaar, a personal credit platform. The reported results include growth across premium, revenue and lending measures, alongside the increase in profit and PAT margin.
