Turtlemint Turns Profitable In Q4, Posts PAT Of Rs.3 Cr
India, July 17 -- Recently listed insurtech company Turtlemint turned profitable in the March quarter of FY26 (Q4 FY26), reporting a consolidated net profit of Rs.3.1 Cr as against a loss of Rs.39.4 Cr in the year-ago quarter. The company had posted a loss of Rs.62.2 Cr in the preceding December quarter.
Operating revenue surged 42% YoY and 29% QoQ to Rs.357.2 Cr. Including other income of Rs.3.2 Cr, total revenue for the quarter stood at Rs.360.4 Cr.
Meanwhile, expenses for the quarter rose 23% YoY to Rs.365.6 Cr.
For the full fiscal year FY26, Turtlemint managed to narrow its net loss by 5% to Rs.184.3 Cr from Rs.194.1 Cr in the previous year. Operating revenue zoomed 66% YoY to Rs.1,098.2 Cr.
(The story will be updated soon)
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