PB Fintech Ltd, the mum or dad of Policybazaar and Paisabazaar, reported a consolidated web revenue of Rs 84.59 crore in Q1 FY26, up 40.6% from Rs 60.18 crore in the identical quarter final 12 months.
Income from operations rose 33.4% to Rs 1,347.99 crore in Q1 FY26 from Rs 1,010.49 crore in Q1 FY25. Complete revenue elevated 30.2% to Rs 1,446.74 crore from Rs 1,110.75 crore a 12 months earlier.
Worker advantages expense stood at Rs 559.86 crore, up 22.9% from Rs 455.46 crore. Promoting and promotion bills rose marginally to Rs 253.15 crore from Rs 245.27 crore, a 3.2% rise. Different bills jumped 44.3% to Rs 458.01 crore from Rs 317.47 crore.
Complete bills elevated 25.4% to Rs 1,355.85 crore in Q1 FY26, in comparison with Rs 1,081.13 crore in Q1 FY25.
The corporate’s complete insurance coverage premium stood at Rs 6,616 crore, a 36% enhance year-on-year, led by a 65% rise in medical health insurance premiums. Safety merchandise, comprising well being and time period insurance coverage, registered 46% year-on-year development in new premiums.
Lending disbursals by means of Paisabazaar reached Rs 7,003 crore, up 123% from the earlier 12 months, supported by secured credit score choices. Nevertheless, core on-line lending disbursals fell 33% year-on-year, highlighting continued stress within the unsecured lending house.
.thumbnailWrapper{
width:6.62rem !essential;
}
.alsoReadTitleImage{
min-width: 81px !essential;
min-height: 81px !essential;
}
.alsoReadMainTitleText{
font-size: 14px !essential;
line-height: 20px !essential;
}
.alsoReadHeadText{
font-size: 24px !essential;
line-height: 20px !essential;
}
}
In consequence, the platform additionally strengthened its concentrate on secured lending, reminiscent of house loans, mortgage in opposition to property (LAP), and mortgage in opposition to automobile, by means of its PB Join providing that digitises fulfilment processes.
Renewal income rose 43% year-on-year to Rs 725 crore on a 12-month rolling foundation, in accordance with PB Fintech.
Its new initiatives, together with PB Companions, PB UAE, and PB for Enterprise, recorded a 50% year-on-year income enhance, with EBITDA margins bettering from -12% to -6%. PB Fintech’s UAE enterprise posted a 68% enhance in insurance coverage premiums, primarily from well being and life merchandise, and was worthwhile for the second consecutive quarter, although the corporate didn’t disclose a selected revenue determine for this phase.
Edited by Jyoti Narayan
