SynopsisTurtlemint reported a 42% revenue increase and its first net profit. This achievement followed its stock market debut in June 2026. The insurance platform focuses on tier 3 and 4 markets. Its service Ebitda rose 60% driven by renewal revenue growth. The company plans to expand offerings beyond insurance products.Bengaluru: In its first earnings since listing, Peak XV-backed insurance distribution platform Turtlemint reported a 42% year-on-year (YoY) rise in its March-quarter operating revenues, at Rs 357.2 crore, up from Rs 251.6 crore a year ago, driven by higher premiums.The company also posted its first net profit of Rs 3.1 crore compared to a loss of Rs 39.4 crore in the year-ago period, helped by a deferred tax credit of Rs 8.3 crore. WhileNow Playing
Turtlemint Q4FY27 revenues rise 42%, posts first quarterly profit - The Economic Times
Turtlemint reported a 42% revenue increase and its first net profit. This achievement followed its stock market debut in June 2026. The insurance platform focuses on tier 3 and 4 markets. Its service Ebitda rose 60% driven by renewal revenue growth. The company plans to expand offerings beyond insurance products.
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