PB Fintech Ltd, the parent company of Policybazaar and Paisabazaar, saw its shares rise over 4% in early trade on Thursday after the company posted strong Q2 FY26 results, marked by robust growth in its insurance segment and improved profitability. As of 9:30 AM, the shares were trading 4.43% higher at Rs 1,799.80.
The company reported a 165% year-on-year (YoY) jump in consolidated net profit to ₹135 crore for the July–September quarter, compared with ₹51 crore in the same period last year. Revenue from operations grew 38.2% YoY to ₹1,613 crore, up from ₹1,167 crore a year ago.
EBITDA came in at ₹97.6 crore, turning around from a loss of ₹7.8 crore in the corresponding quarter last year, reflecting operational efficiency gains and better cost management.
PB Fintech said total insurance premium surged 40% YoY to ₹7,605 crore, led by a 44% rise in new online protection business and a 60% increase in health insurance premiums. The company’s renewal and trail revenue — a key driver of recurring income — grew 39% YoY to ₹774 crore on a 12-month rolling basis.
While the core insurance business revenue rose 36% YoY, the credit business saw a 22% decline, though it showed a 4% sequential recovery, signaling early signs of stabilization.
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