PB Fintech shares slip 2% after reporting Q1 results
Shares of PB Fintech, the parent company of Policybazaar and Paisabazaar, fell 2.3% to an intraday low of Rs 1,769.90 on BSE on Friday after the firm posted its Q1FY26 results. The company reported a 41% year-on-year (YoY) rise in consolidated net profit to Rs 85 crore for Q1FY26, up from Rs 60 crore in the year-ago period.
Consolidated operating revenue jumped 33% YoY to Rs 1,348 crore from Rs 1,010 crore. The company’s annualised insurance premium stood at Rs 26,463 crore, with core online insurance premium growing 35% YoY. New protection premium (Health + Term) rose 46%.
