Policybazaar Parent PB Fintech Posts 165% Profit Jump on Insurance Surge in Q2 FY26

Overview

• Consolidated net profit rose 165% to Rs 135 crore as revenue from operations increased 38% to Rs 1,614 crore.
• Total insurance premium climbed 39.5% to Rs 7,605 crore, with core online premium up 34% to Rs 5,263 crore and health up 60% year over year.
• New protection business expanded 44% year over year, underscoring stronger traction in health and term products.
• Credit revenue declined 22% to Rs 106 crore, though management reported roughly 4% sequential growth and described the lending unit as bottoming out.
• 'New initiatives' revenue grew 61% to Rs 655 crore with adjusted EBITDA margin improving to -4%, as PB Partners scaled past 380,000 advisors and the UAE arm stayed profitable with premiums up 64% year over year.