Internet Software & Services company PB Fintech announced Q1FY26 results Total Insurance Premium for the quarter was Rs 6,616 crore, up 36% YoY, led by growth in online new health insurance at 65%. Consolidated operating revenue grew at 33% to Rs 1,348 crore for the quarter (Core Insurance revenue 37% up YoY, Core Credit revenue down 22% YoY). Renewal / trail revenue on a 12-month rolling basis is at Rs 725 crore, up from Rs 506 crore last year same quarter, a 43% growth. For insurance, the quarterly renewal revenue is at an ARR of Rs 673 crore i.e. 47% growth YoY. This is a key driver of long-term profit growth. Steady growth continues for Core New Insurance Premium (net of Savings business) at 42% YoY for the quarter. This has ranged around +-5% of 40% for the last 9 quarters. While the health business continues to grow strongly, savings new business is slightly lower than last year same quarter performance (about 5%). Continue to improve our customer onboarding & claims support services and Insurance CSAT is consistent at 90%+. Credit revenue for the quarter is Rs 102 crore and disbursal is Rs 2,095 crore for the core online business. Management Commentary: We continue to strengthen our leadership in New Initiatives with revenue growth of about 50% YoY with adjusted EBITDA margin moving from -12% to -6%, with 5% contribution. PB Partners, our agent aggregator platform, continues to lead the market in scale & efficiency of operations with over 350k advisors. We have moved the business increasingly towards smaller and higher quality advisors. Most diversified across different lines of businesses. Present in 19k pin codes across India, covering 99% of pin codes in India. Our UAE Insurance premium grew 68% YoY & aligning more towards health & life insurance, similar to our India business. We have unique value proposition of cross-border health insurance products & claims assurance program for motor insurance. This business is now consistently profitable for two quarters. Our consolidated PAT for PB Fintech grew from Rs 19 crore (excluding exceptional items) to Rs 85 crore (from 2% to 6% margin) in Q1FY26 YoY. To summarize our performance since our public listing in Nov 2021. Revenue grew at a CAGR of 54% from Rs 238 crore in Q1FY22 to Rs 1,348 crore in Q1FY26. PAT margin grew from -47% in Q1FY22 to 6% in Q1FY26. Result PDF