PB Fintech, the parent company of the online insurance platform PolicyBazaar, demonstrated a 92% growth in net profit in the first quarter of fiscal year 27, while revenue increased by 40% during this period.
PB Fintech, the parent company of the online insurance platform PolicyBazaar, demonstrated a 92% growth in net profit in the first quarter of fiscal year 27, while revenue increased by 40% during this period.
Net profit for the first quarter amounted to 163 crore rupees compared to 85 crore rupees the previous year. Revenue for the reporting period reached 1,888 crore rupees against 1,348 crore rupees in the first quarter of fiscal year 26.
The company, whose operations are focused on two main areas—insurance and lending—reported that the total volume of insurance premiums for the first quarter reached 8,372 crore rupees, representing a 41% year-over-year (YoY) growth.
PB Fintech noted that the growth of the core business in new protective products was 53% year-over-year, and the new medical insurance policy segment showed a 59% year-over-year growth.
Regarding the lending segment, the core revenue for the quarter was 127 crore rupees, demonstrating a 25% year-over-year increase, while loan disbursements grew by 33% year-over-year, reaching 2,776 crore rupees.
To date, the company has 158.9 million registered consumers and 28.1 million transacting consumers. PB Fintech continues to improve customer acquisition and claims support services, with the customer satisfaction rate in the insurance sector exceeding 90%.
More than 500,000 consultants work on the company's platform, and the company emphasized the trend towards working with smaller and higher-quality consultants. The number of active partners in the first quarter of fiscal year 27 increased to 1.13 lakh, corresponding to a 55% year-over-year growth.
In terms of international business, PB Fintech reported that insurance premiums in the UAE grew by 31% year-over-year and became more focused on medical and life insurance, similar to the business in India. The company also noted that this business remains profitable in both fiscal year 26 and the first quarter of fiscal year 27.
FSN E-Commerce Ventures, the parent company of cosmetics retailer Nykaa, demonstrated significant growth in net profit, which increased by 3.3 times to reach INR 79.76 crore in the first quarter of fiscal year 27. This figure is higher than INR 24.47 crore for the same period last year. Meanwhile, the sequential growth in net profit was 1.2 percent.
The company's operating revenue grew by 29 percent year-over-year (YoY), reaching INR 2,782 crore in the first quarter of FY27, compared to INR 2,154.9 crore the previous year. In the last quarter of FY26, revenue stood at INR 2,648.1 crore.
Annual expenses also rose by 25.5 percent, totaling INR 2,662.15 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter increased by 68 percent compared to last year, reaching INR 236 crore, with the margin expanding to 8.5 percent in the first quarter of FY27.
Falguni Nayar, Executive Chairperson, Founder, and CEO of Nykaa, noted that the current quarter marked a further acceleration in growth rates and EBITDA margins, which reached the highest levels in the last 12 quarters. The platform introduced new interesting brands such as Rare Beauty, one of the largest global celebrity brands, which is already among Nykaa's top five premium brands, as well as SK-II, a high-efficacy Japanese brand, and Judydoll, one of the first Chinese cosmetic brands showing strong early consumer interest.
The Gross Merchandise Value (GMV) in the company's beauty vertical grew by 28 percent compared to last year, reaching INR 4,105 crore, thanks to deeper penetration and premiumization. The company stated that this includes figures from e-commerce business, retail stores, eB2B distribution, and the House of Nykaa Beauty portfolio.
The company's quick commerce vertical, Nykaa Now, expanded to 13 cities and plans to cover more than 25 cities by the end of FY27. At the same time, GMV in the fashion segment increased by 53 percent compared to last year, reaching INR 1,471 crore. Currently, Nykaa has an offline presence in 324 stores across 105 cities; previously, the company added 76 new stores in FY26, which was its highest figure.
House of Nykaa achieved an annual GMV of INR 3,760 crore, representing a 39 percent growth compared to last year. The company is also expanding its presence in premium skincare through the acquisition of a 51% stake in the direct-to-consumer brand Aminu Wellness for INR 32 crore. Aminu's revenue for FY26 was INR 19.44 crore. According to the company, the remaining 49% stake will be acquired over the next few years according to the terms outlined in the deal documents.
The company's business distribution channel, Superstore by Nykaa, currently serves about 523,000 retailers in over 1,200 cities. Growth in business orders was 11 percent compared to last year, driven by the expansion of the retailer network.
The company also announced the acquisition of a controlling stake (51 percent) in Aminu, a premium dermocosmetic skincare brand. The brand was founded in 2019 by Prachi Bhandari, a clinical cosmetologist and aesthetician, and Aman Mohunte, co-founder and business head. Since its inception, the brand has been self-funded, has grown eightfold in the last three years, and is now profitable.
The state-owned energy giant NTPC reported a significant increase in its consolidated net profit for the first quarter of the 2027 fiscal year. For the period from April to June, net profit grew by almost 13%, reaching 6,896.44 crore rupees, which was driven by revenue growth.
According to the report submitted through exchange documents, the consolidated net profit amounted to 6,896.44 crore rupees for the quarter ending June 30, 2025. Previously, in the same period last year, the net profit was 6,108.46 crore rupees.
The company's total revenue for this quarter increased to 51,141.51 crore rupees. This figure is higher than the 47,821.11 crore rupees recorded in the same period a year earlier.
Multiplex operator PVR INOX published its report for the first quarter of the fiscal year 27, demonstrating a consolidated net profit of 56.5 crore rupees. This growth was driven by high demand for films, increased ticket prices, and a significant rise in food and beverage sales.
The company reported a net profit of 56.5 crore US dollars ($5.85 million) for the quarter ending June 30. This is a substantial improvement compared to the net loss of 54.5 crore rupees the previous year. Operating revenue in the first quarter increased by 11.9% year-on-year, reaching 1,622 crore rupees.
Revenue growth was supported by several factors: ticket sales grew by 15.9% year-on-year, amounting to 837 crore rupees, while food and beverage sales increased by 16.7%, reaching 558 crore rupees. The company's shares rose by 2.72% and 1.65% as of 13:11 IST.
Analysts expect a stronger quarter for multiplex operators due to the steady release of films, higher ticket prices, and increased spending on food and beverages, despite the absence of a major blockbuster. The company noted that box office collections in India grew by 20% during the quarter, supported by the successful performance of Hindi, regional, and Hollywood films in both metro and smaller cities. Managing Director Ajay Bijli stated in a press release that 'the industry has provided broad growth, our operational metrics have improved across all aspects, and the company now has positive net cash flow.'
