Policybazaar parent PB Fintech’s Q3 FY26 net profit surged 165% to INR 189.4 Cr from INR 71.5 Cr in the year-ago quarter. On a sequential basis, the company’s PAT zoomed 40% from INR 134.9 Cr. The company’s revenue zoomed 37% YoY and 10% QoQ to INR 1,771.1 Cr in the quarter under review. Including other income of INR 84.9 Cr, the company’s total income for the quarter stood at INR 1,856 Cr. Meanwhile, PB Fintech’s total expenses rose 27% YoY to INR 1,655.4 Cr. PB Fintech’s EBITDA grew 475% YoY to INR 159 Cr during the quarter, while adjusted EBITDA stood at INR 199 Cr and adjusted EBITDA margin went up from 6% to 11%. Besides announcing its financial performance, PB Fintech also announced its plans to undertake a qualified institutional placement (QIP) to fund the pursuit of inorganic growth activities. The board has scheduled a meeting on February 5 (Thursday) to consider and approve the fundraise. PB Fintech operates online insurance marketplace Policybazaar, digital credit platform Paisabazaar, insurance advisors’ platform PB Partners, and more. Its main revenue driver remains insurance broking through Policybazaar. The vertical’s revenue for the quarter zoomed 40% YoY to INR 1,537.5 Cr. Revenue of its… Read MoreInc42 Media
