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Results · Financial Services

PB Fintech posts 164% profit jump in Q3

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Date
Company
PB Fintech
What it does
Online insurance aggregator and brokerage
Kind
Results
Based in
Gurugram
Sector
Financial Services

What they do

PB Fintech runs PolicyBazaar, an online insurance marketplace

What happened

Q3 FY26 net profit surged 164% to Rs 189 crore on revenue of Rs 1,711 crore

Why it matters

Insurance broker services contributed 92% of operating revenue

The details

  • PB Fintech announced its Q3 FY26 financial results on 2 February 2026.
  • Operating revenue rose 32.5% year-on-year to Rs 1,711 crore.
  • Net profit jumped 164% to Rs 189 crore from Rs 71.5 crore a year ago.
  • Insurance broker services revenue was Rs 1,573 crore, making up 92% of operating revenue.
  • Other income from interest and gains on financial assets stood at Rs 144 crore.
  • Total topline (operating plus other income) reached Rs 1,856 crore for the quarter ending December 2025.
  • Employee benefits expenses increased 25% to Rs 607 crore.
  • Total costs rose 27% to Rs 1,655 crore.

The bigger picture

  • The profit growth of 164% shows strong operating leverage as revenue outpaces cost increases.
  • Sequential profit rose 40% from Rs 135 crore in Q2 FY26, indicating accelerating momentum.
  • The results were filed with the NSE and are based on official company disclosures.

About the business

  • PB Fintech is the parent company of PolicyBazaar, an online insurance aggregator and brokerage platform.
  • It earns revenue primarily through insurance broker services, which contributed 92% of operating revenue.
  • The company is headquartered in Gurugram.
  • It operates as a digital marketplace connecting customers with insurance providers.

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