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7h agoIndia’s PB Fintech reports 164% profit jump on online-insurance growth
PB Fintech, parent of online insurance marketplace Policybazaar, posted a 164.6% increase in net profit to ₹1.35 billion (≈ US$15.3 million) for the quarter ended September 30, up from ₹509.8 million a year earlier. Revenue rose 38.2% to ₹16.14 billion as the insurance broking segment grew 43% year-on-year, supported by higher online demand for term and health insurance products. Meanwhile its credit-marketplace business Paisabazaar saw disbursements decline 33% after regulatory crackdowns. Analysts noted the company must scale credit operations to sustain growth, despite the strong performance in the insurance unit.
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7h agoIndia’s PB Fintech reports 164% profit jump on online-insurance growth
PB Fintech, parent of online insurance marketplace Policybazaar, posted a 164.6% increase in net profit to ₹1.35 billion (≈ US$15.3 million) for the quarter ended September 30, up from ₹509.8 million a year earlier. Revenue rose 38.2% to ₹16.14 billion as the insurance broking segment grew 43% year-on-year, supported by higher online demand for term and health insurance products. Meanwhile its credit-marketplace business Paisabazaar saw disbursements decline 33% after regulatory crackdowns. Analysts noted the company must scale credit operations to sustain growth, despite the strong performance in the insurance unit.
Explore:Mutual Fund Screening
positive
India’s PB Fintech reports 164% profit jump on online-insurance growth
about 7 hours ago
1 min read
90 words
PB Fintech’s profit surges 164% as online insurance demand booms, though its credit-business remains under pressure.
PB Fintech, parent of online insurance marketplace Policybazaar, posted a 164.6% increase in net profit to ₹1.35 billion (≈ US$15.3 million) for the quarter ended September 30, up from ₹509.8 million a year earlier. Revenue rose 38.2% to ₹16.14 billion as the insurance broking segment grew 43% year-on-year, supported by higher online demand for term and health insurance products. Meanwhile its credit-marketplace business Paisabazaar saw disbursements decline 33% after regulatory crackdowns. Analysts noted the company must scale credit operations to sustain growth, despite the strong performance in the insurance unit.
PB Fintech, parent of online insurance marketplace Policybazaar, posted a 164.6% increase in net profit to ₹1.35 billion (≈ US$15.3 million) for the quarter ended September 30, up from ₹509.8 million a year earlier. Revenue rose 38.2% to ₹16.14 billion as the insurance broking segment grew 43% year-on-year, supported by higher online demand for term and health insurance products. Meanwhile its credit-marketplace business Paisabazaar saw disbursements decline 33% after regulatory crackdowns. Analysts noted the company must scale credit operations to sustain growth, despite the strong performance in the insurance unit.
Companies:
PB Fintech
Policybazaar
Tags:
economy
India
economy
India
startups
insurance
fintech
Oct 29, 2025 • 21:05 IST