PB Fintech announced its financial results for the quarter ended June 30, 2026 (Q1 FY27). Total insurance premium saw a robust growth of 41% YoY, reaching ₹8,372 crore, primarily driven by a 53% YoY increase in new protection premium. Profit After Tax (PAT) also surged by 92% YoY to ₹163 crore, with the PAT margin improving from 6% to 9%.
Strong Q1 FY27 Financial Performance
PB Fintech has reported its financial results for the first quarter of FY27, showcasing significant year-on-year growth. The company’s Total Insurance Premium for the quarter stood at ₹8,372 crore, marking an increase of 41% compared to the same period last year. This growth was substantially propelled by the Protection (Health + Term) segment, which experienced a 53% YoY increase in new premiums.
Profitability and Margin Improvement
In terms of profitability, PB Fintech’s Profit After Tax (PAT) for Q1 FY27 reached ₹163 crore, an impressive 92% increase year-on-year. The company also highlighted an improvement in its PAT margin, which grew from 6% in Q1 FY26 to 9% in the current quarter. The operating revenue also saw a healthy rise of 40% YoY to ₹1,888 crore.
Key Business Highlights
The company’s performance was further bolstered by growth in various business areas. Core Online Insurance Premium grew by 41% YoY, while Core lending disbursal increased by 33% YoY. The report also noted that PB Partners, the agent aggregator platform, continued its strong growth momentum, with active partners increasing by 55% YoY. The Stakeholders Relationship Committee and CSR Committee compositions were also updated following reconstitution.
Source: BSE
