PB Fintech posted a 42.5% year-over-year increase in consolidated net profit for Q2 FY27, driven by a 35% rise in operating revenue and healthy growth across its insurance premium and renewal businesses.
- Net profit jumps 42.5% YoY to ₹192.4 Cr in Q2 FY27
- Revenue climbs 35% YoY to ₹2,177.7 Cr with strong growth in core platforms
- Adjusted EBITDA up 39%, margins stable at 10% YoY
What happened
PB Fintech posted a consolidated net profit of ₹192.4 Cr for the second quarter of fiscal 2026-27, marking a 42.5% increase from ₹135 Cr in the same quarter last year. This growth was supported by a 35% rise in operating revenue, which reached ₹2,177.7 Cr, compared to ₹1,613.6 Cr in Q2 FY26. Sequentially, net profit also improved by 18% and revenue by 15% from the preceding quarter.
The company’s total income including other income was ₹2,277.6 Cr for the quarter. Operating expenses rose by 32.6% year-over-year to ₹2,067.7 Cr. PB Fintech’s adjusted EBITDA increased 39% to ₹216 Cr with margins remaining steady at 10%, reflecting strong operational efficiency alongside top-line growth.
Why it matters
The solid performance highlights PB Fintech’s growing dominance in India’s insurtech space. Its core online segment, which includes Policybazaar and Paisabazaar, achieved revenue growth of nearly 40%, driven by increased insurance premium inflows and expanding customer engagement. The company’s insurance premium collection jumped 38%, fueled by broad-based growth across health and term insurance products.
PB Fintech’s focus on recurring revenue is also evident in the 41.7% year-over-year increase in core renewal and trail revenue, underscoring sustained customer retention and repeated business. Meanwhile, the expansion of its partner network and corporate insurance offerings signal diversification and strengthening market reach amid a competitive fintech landscape.
What to watch next
Investors will closely monitor Paisabazaar’s loan disbursal trends as Q2 saw an 80% decline compared to last year, which could impact future revenue streams. However, its credit score checks and card issuance show encouraging user traction, reflecting growing consumer adoption of its credit-related products.
PB Fintech’s ability to maintain strong growth in both its insurance and new initiatives verticals while managing cost pressures will be key to sustaining profitability. Additionally, the company’s expansion into deeper pincode coverage and partner enablement may present new avenues for scaling revenue and enhancing competitive positioning in India's evolving fintech ecosystem.