India's Policybazaar parent posts 54% profit jump on strong premium growth

PB Fintech

06/05/2026 12:57

May 6 (Reuters) - PB Fintech PBFI.NS reported a 54% jump in fourth-quarter net profit on Wednesday, helped by continued strong growth in health and term insurance sales and improving operating margins.

     Here are more details:

The Policybazaar and Paisabazaar operator's profit after tax rose to 2.61 billion rupees in the January–March quarter, from 1.70 billion rupees a year earlier

Revenue from operations climbed 37% to 20.61 billion rupees

Total insurance premium rose 46% to 92.17 billion rupees, led by strong demand for protection products such as health and term insurance

New protection premium grew 67%

Profit margin improved to 10% in fiscal year 2026 from 6% in the previous year, helped by a rise in renewal income and operating leverage as scale increased

Total expenses rose to 18.9 billion rupees in the March quarter from 14.4 billion rupees a year earlier, led by higher employee costs and advertising and promotion expenses

 (Reporting by Pranav Kashyap in Bengaluru; Editing by Mrigank Dhaniwala)

 ((pranav.kashyap@tr.com; +919886482111;))