EL7.AI
StocksMedium•31 October 2026•
3 min read

PB Fintech Raises Revenue 35% to 2,178 Crore Rupees in Second Quarter

Key Facts

1Consolidated operating revenue rose 35% to 2,178 crore rupees in the second quarter of fiscal 2027.
2Total insurance premiums rose 38% to 9,385 crore rupees, and new protection premiums grew 42%.
3EBITDA rose 69.2% to 165.5 crore rupees, and its margin widened to 7.6%.
4Revenue from new initiatives grew 28%, and they recorded an adjusted EBITDA margin of -5%.

PB Fintech reported on October 30, 2026, that consolidated operating revenue rose 35% year over year to 2,178 crore rupees in the second quarter of fiscal 2027, from 1,614 crore rupees in the year-earlier period. Revenue growth coincided with a 38% increase in total insurance premiums to 9,385 crore rupees. PB Fintech is the parent company of the Policybazaar and Paisabazaar platforms, and the quarterly results show expansion in its insurance business alongside growth in new initiatives. The published results included indicators of improved operating margins and net profit. The company also reported growth in new protection premiums, which include health and term insurance.

Core online insurance premiums rose 38% during the quarter, while new protection premiums increased 42% year over year. This category includes health and term insurance, products that support the group's expansion in insurance. Within it, new health insurance premiums grew 46% year over year. The figures show that premium growth covered both the overall business and new protection products, with a faster pace in health insurance. Total insurance premiums reached 9,385 crore rupees in the quarter.

EBITDA rose 69.2% year over year to 165.5 crore rupees, compared with 97.8 crore rupees a year earlier. The EBITDA margin widened to 7.6% from 6.1% in the year-earlier quarter. The net profit margin also improved to 9%, from 8% a year earlier. The three indicators grew alongside a 35% increase in operating revenue, reflecting improved margins as well as business expansion. Comparing operating earnings and margins with the previous period provides a picture of performance in the second quarter of fiscal 2027.

Revenue from new initiatives grew 28% year over year in the quarter. These initiatives recorded an adjusted EBITDA margin of -5%, while the contribution margin reached 6%. The figures reflect continued revenue growth in these activities while the adjusted EBITDA margin remained negative. The performance of new initiatives thus differed from the improvement in the group's overall margins, with its EBITDA margin rising to 7.6%. The quarterly results put growth in these activities alongside expansion in the core insurance business.

PB Fintech shares closed at 1,000.00 rupees on the BSE on October 30, down 17.90 rupees, or 1.76%. The decline came on the day the company announced its second-quarter results, which included growth in operating revenue and premiums and improved margins. The closing figure applies only to the October 30 session and does not by itself establish the reasons for the share price movement. The company published materials for its July-to-September quarter earnings call on the same day. The materials included the earnings call audio published on October 30, 2026.