Shares of Policybazaar-parent PB Fintech gained 2% to Rs 1,665.50 on the BSE on Thursday after the company reported a 92% year-on-year surge in net profit to Rs 163 crore for the first quarter of FY27, helped by strong growth in insurance premium, higher operating revenue and better margins.
PB Fintech’s PAT margin improved to 9% in the April-June quarter of the ongoing financial year 2027, from 6% reported in the corresponding quarter of FY26. Its operating revenue increased 40% YoY to Rs 1,888 crore, while total insurance premium grew 41% YoY to Rs 8,372 crore during the quarter under review.
