PB Fintech posts Rs 1,711 Cr revenue in Q3 FY26; profit surges 2.6X

PB Fintech, the parent company of online insurance aggregator and brokerage platform PolicyBazaar, has released its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Monday. The company reported a 32.5% growth in scale, while its year-on-year (YoY) profits increased by 2.6X during the same period.

PolicyBazaar’s revenue from operations surged to Rs 1,711 crore in Q3 FY26 in contrast to Rs 1,292 crore in Q3 FY25, as per the firm’s financial results sourced from the National Stock Exchange (NSE).

The Gurugram-based company generated the largest share (92%) of its operating revenue from insurance broker services, which rose to Rs 1,573 crore in Q3 FY26 from Rs 1,132 crore in Q3 FY25.

Besides operating revenue, the firm also earned Rs 144 crore via interest and gains from financial assets during the quarter which took its total topline to Rs 1,856 crore in the quarter ending December 2025.

PolicyBazaar has not provided a detailed breakdown of expenses in its quarterly financial statements. However, employee benefits expenses rose 25% YoY to Rs 607 crore. Overall, the company's total costs grew 27% to Rs 1,655 crore in Q3 FY26 compared to Rs 1,307 crore in Q3 FY25.

PolicyBazaar's net profits surged 164% to Rs 189 crore in Q3 FY26 from Rs 71.5 crore in Q3 FY25. Sequentially, its profit increased by 40% from Rs 135 crore in Q2 FY26.

At the end of the day, PolicyBazaar traded at Rs 1,545 with a total market capitalization of Rs 71,483 crore (approximately $7.8 billion).