In the corresponding quarter of the previous fiscal, PB Fintech posted a net profit of ₹60.2 crore, the company said in a regulatory filing. The company’s revenue from operations surged 38.4% to ₹1,507.9 crore as against ₹1,089.6 crore in the corresponding period of the preceding fiscal.
At the operating level, EBITDA jumped 1,955% to ₹113 crore in the fourth quarter of this fiscal over ₹5.5 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 7.5% in the reporting quarter as compared to 0.5% in the corresponding period in the previous fiscal.
Also Read: PB Fintech Q3 Results: Profit jumps 88.2% to ₹71.5 crore, new insurance premiums up 44% YoY
The company recorded a total insurance premium of ₹23,486 crore, with new core online insurance premiums rising 45% and new health and life insurance premiums increasing 48%. For the quarter, total insurance premiums stood at ₹7,030 crore, up 37% YoY, driven primarily by growth in new health insurance.
The core insurance revenue was up 46%, while core credit revenue declined 21%. Renewal or trail revenue reached an annual recurring revenue (ARR) of ₹817 crore, marking a 42% increase from ₹577 crore in the same quarter last year, and remains a key contributor to long-term profitability.
Core new insurance premium (excluding the savings segment) rose 38% YoY during the quarter, continuing a stable trend of 40% ±5% over the past eight quarters. While health insurance continues to grow robustly, the savings business has seen a slowdown due to broader market conditions.
Also Read: PB Fintech’s healthcare arm completes first hospital deal, targets 50 more
The company maintained its insurance customer satisfaction (CSAT) score above 90%, supported by ongoing improvements in customer onboarding and claims support. PB Fintech’s credit revenue for the quarter stood at ₹115 crore, with loan disbursals of ₹2,368 crore in its core online business.
New initiatives delivered 50% YoY revenue growth, with adjusted EBITDA margin improving from -10% to -6%, contributing 4% to total revenue. The UAE insurance segment also posted a 76% YoY growth, increasingly aligning with the company’s focus on health and life insurance, mirroring the Indian business strategy. The company closed the period with a cash balance of ₹5,406 crore.
The results came after the close of the market hours. Shares of PB Fintech Ltd ended at ₹1,770.10, up by ₹15.75 or 0.90% on the BSE.
Also Read: PB Fintech shares fall up to 8% on announcing a ₹696 crore investment in its healthcare arm
