PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

01 Aug 2025, 02:20 PM

According to its consolidated financial results, PB Fintech reported a 50% quarter-on-quarter decline in net profit.

Team Head&Tale

PB Fintech, the parent company of Policybazaar and Paisabazaar, reported Rs 1,348 crore in operating revenues during the first quarter of financial year FY26, compared to Rs 1,508 crore reported during Q4 FY25 and Rs 1,010 crore in Q1 FY25.

Insurance broking remained majority revenue driver at Rs 1,187 crore during Q1 FY26 -- a sequential decline from Rs 1,322 crore reported in Q4 FY25. During the same period last fiscal, the revenue from this segment stood at Rs 845 crore.

Employee benefits cost remained the largest cost center, which increased to Rs 560 crore in Q1 FY26 from Rs 508 crore in Q4 FY25 and Rs 455 crore in Q1 FY25. 

The company's total expenditure stood at Rs 1356 crore during the quarter, compared to Rs 1,437 crore in Q4 FY25 and Rs 1,081 crore in Q1 FY25.

According to its consolidated financial results, PB Fintech reported a 50% quarter-on-quarter decline in net profit.

During the quarter ended June 30, 2025, the insurance and loan marketplace's profit stood at Rs 82 crore, compared to Rs 164 crore reported in the previous quarter (Q4 FY25) and Rs 56 crore during the same period previous year.