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The Economic Times
The Economic Times
Technology

Policybazaar parent’s Q1 profit jumps 92% driven by margin gains

PB Fintech, which runs the insurance marketplace Policybazaar, has reported operating revenues of Rs 1,888 crore in April-June ‘27, up 40% from the same quarter last year, mainly on account of a jump in new insurance premiums, which is the mainstay of the group.

The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded significant improvement, and its Ebitda (earnings before interest, taxes, depreciation and amortisation) expanded fourfold to Rs 139 crore. PB Fintech’s post-tax profit is larger than its Ebitda because the company reports significant non-operating income — Rs 93 crore for the June quarter.

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