PB Fintech Limited Q1 Revenue Rises 40% to ₹1,888 Crore

PB Fintech Limited reported net sales turnover of ₹1,888.28 crore for the June 2026 quarter, up 40.08% from ₹1,347.99 crore a year earlier. Reported profit after tax was ₹165.39 crore, nearly double the ₹83.20 crore recorded in the corresponding quarter of the previous year, while operating profit increased to ₹139.27 crore.

How did PB Fintech perform in Q1 FY27?

PB Fintech delivered year-on-year growth in revenue and profit for the quarter ended June 30, 2026. Net sales turnover rose by ₹540.29 crore from the June 2025 quarter, while total income increased 36.95% to ₹1,981.32 crore from ₹1,446.74 crore.

The quarter also showed a sequential moderation from the March 2026 period. Net sales turnover was 8.40% lower than ₹2,061.33 crore in March, and total income declined from ₹2,165.64 crore. Reported PAT was also below ₹267.18 crore in the preceding quarter, although it remained substantially above the year-earlier level.

The supplied quarterly financial table places operating profit at ₹139.27 crore, compared with ₹34.39 crore in June 2025. EBITDA increased to ₹232.31 crore from ₹133.14 crore, while EBIT rose to ₹192.19 crore from ₹99.66 crore. These figures indicate that earnings growth accompanied the increase in income during the quarter.

What drove the change in PB Fintech's quarterly earnings?

PB Fintech's income growth was accompanied by a slower increase in total expenses than in revenue on a year-on-year basis. Total expenses rose to ₹1,749.01 crore from ₹1,313.60 crore, an increase of ₹435.41 crore, while total income grew by ₹534.58 crore. The resulting improvement is reflected in the rise in operating profit, EBITDA and PAT.

The financial data show depreciation of ₹40.12 crore and interest costs of ₹11.13 crore for the June quarter. Earnings before tax stood at ₹181.06 crore and tax expense was ₹15.67 crore, leading to reported PAT of ₹165.39 crore. No extraordinary items, prior-year adjustments or other adjustments were listed in the table.

Separate result summaries in the supplied material describe consolidated operating revenue of about ₹1,888 crore and consolidated PAT of about ₹163 crore, with a 92% year-on-year rise in profit and a 9% margin. The detailed quarterly table reports PAT of ₹165.39 crore. PB Fintech's supplied information does not provide a reconciliation for this difference, so the figures should be read according to their stated basis.

How does the June quarter compare with PB Fintech's recent results?

PB Fintech's June-quarter earnings were stronger than the same period last year but lower than the immediately preceding March quarter. This pattern is visible across total income, EBITDA, EBIT and reported PAT, following a March quarter that recorded total income of ₹2,165.64 crore and PAT of ₹267.18 crore.

Over the five quarters shown, net sales turnover increased from ₹1,347.99 crore in June 2025 to ₹1,888.28 crore in June 2026. Reported PAT increased from ₹83.20 crore to ₹165.39 crore over the same comparison, while EBITDA rose from ₹133.14 crore to ₹232.31 crore.

The supplied material also cites insurance premium growth as an operating indicator. It states that total insurance premium increased 41% year-on-year to ₹8,372 crore in Q1 FY27, supported by a 53% increase in new protection premium. It further notes that PB Partners recorded 46% premium growth and that tier-2 and tier-3 markets accounted for 78% of gross written premium.

What does the Q1 result mean for investors and operations?

PB Fintech's Q1 numbers show a marked year-on-year improvement in profitability, with reported PAT almost doubling and EBITDA rising by about 74% from the June 2025 quarter. The rise in operating profit from ₹34.39 crore to ₹139.27 crore is particularly relevant because it points to a stronger operating contribution alongside revenue growth.

At the same time, the sequential decline in revenue and profit from the March quarter remains part of the financial picture. The source material refers to a FY27 PAT target of ₹1,000 crore as a topic of discussion, but it does not provide a management update confirming whether the target has been maintained. Investors will therefore need to rely on the company's subsequent disclosures for a formal view on targets and outlook.

For the wider insurance distribution industry, the cited premium growth points to continued activity in protection and health products. The material also highlights the role of PB Partners and smaller-city markets in premium generation, indicating that the company's distribution network remains an important component of its operating model.

When will PB Fintech report its next quarterly results?

PB Fintech has scheduled a board meeting on October 30, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company has also scheduled an earnings conference call on the same date at 6:00 PM IST for shareholders, investors and analysts.

The call is expected to include management, including Chairman Yashish Dahiya and Chief Financial Officer Mandeep Mehta, according to the announcement. The supplied information says that a transcript will be made available on the company's website. No Q2 FY27 financial figures are included in the source material.

Conclusion

PB Fintech's June 2026 quarter combined 40.08% year-on-year net sales growth with a sharp increase in reported profit. Total income reached ₹1,981.32 crore, EBITDA was ₹232.31 crore and reported PAT stood at ₹165.39 crore, although revenue and profit were lower than in the March 2026 quarter.

The next key disclosure is the board's consideration of Q2 FY27 and half-year results on October 30, 2026, followed by the earnings call at 6:00 PM IST. Investors will watch for the reported quarterly financials, management's explanation of operating trends and any formal update on the FY27 profitability target.