PB Fintech Q4 results: Revenue up 36% to Rs 2,061 crore, net profit up 54% YoY

Policybazaar's parent, PB Fintech, saw a significant surge in operating revenue to Rs 2,061 crore, driven by online insurance premiums. Net profit also climbed 54% to Rs 261 crore. The company's full-year premium collection reached Rs 29,934 crore...

ETtech
Alok Bansal and Yashish Dahiya, founders, PB Fintech group
PB Fintech, which runs the insurance marketplace Policybazaar, has reported operating revenues of Rs 2,061 crore, up 36% from Rs 1,507.8 crore a year back, primarily driven by a jump in new insurance premium collection — the mainstay of the group.

Its net profit for the quarter jumped to Rs 261 crore, up 54% from Rs 169 crore a year back.

The Gurugram-based fintech closed the last financial year with an operating revenue of Rs 7,166 crore compared to Rs 5,385 crore a year back.


Marketing expenses continued to be a major cost item after employee expenses, for the insurance marketplace. The company reported expenses of Rs 370 crore for the March quarter, compared to Rs 307 crore a year back. Employee expenses went up 37% to Rs 699.3 crore.

Policybazaar reported a full year premium of Rs 29,934 crore in FY26, up 42% on-year. New initiatives like PB Partners, the aggregator platform for retail insurance agents, saw steady growth with its agent base touching 450,000.

For the credit distribution business, which is conducted through Paisabazaar, PB Fintech reported disbursals of Rs 31,000 crore in FY26. The number of credit cards issued stood at 350,000 for the entire year.
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