PB Fintech Q1 FY27 revenue up 40% to Rs 1,348 crore, net profit jumps 92%
Insurance premium generated through the platform grew 41% year-on-year to Rs 8,372 crore, driven by strong growth in health and protection insurance segments.
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Insurance premium generated through the platform grew 41% year-on-year to Rs 8,372 crore, driven by strong growth in health and protection insurance segments.
The company's loss ratio increased to 73.3% during the quarter from 70.3% a year ago.
For the fourth quarter of FY26, the company posted its first-ever quarterly net profit of Rs 3.1 crore but the profit included a deferred tax asset of Rs 8.2 crore.
The company's gross premium written rose 6% year-on-year to Rs 2,736 crore during the quarter, against Rs 2,576 crore in the corresponding period last year.
PB Fintech's net profit grew 2.6x to Rs 134.8 crore in the July-September quarter.
Net profit jumped 31% to Rs 116.51 crore in the three months ended September 30, 2025.
The insurer posted gross premium written growth of 12% to Rs 2,982 crore during the June quarter.