PB Fintech, parent of online insurance marketplace Policybazaar, posted a 164.6% increase in net profit to ₹1.35 billion (≈ US$15.3 million) for the quarter ended September 30, up from ₹509.8 million a year earlier. Revenue rose 38.2% to ₹16.14 billion as the insurance broking segment grew 43% year-on-year, supported by higher online demand for term and health insurance products. Meanwhile its credit-marketplace business Paisabazaar saw disbursements decline 33% after regulatory crackdowns. Analysts noted the company must scale credit operations to sustain growth, despite the strong performance in the insurance unit.