On July 17, 2026, Turtlemint Fintech Solutions Limited reported its audited consolidated financial results for the quarter and year ended March 31, 2026.
The company reported the first profitable quarter in Q4 FY26 marking a significant financial milestone as per the exchange filings.
The company posted a total income of ₹360.44 crore and net profit of ₹3.12 crore for the March 2026 quarter.
Turtlemint's total income for the March 2026 quarter was ₹360.44 crore, up 40.4% year-on-year from ₹256.79 crore and 28.9% quarter-on-quarter from ₹279.54 crore in the December 2025 quarter.
The company achieved a Profit After Tax of ₹3.12 crore, a reversal from a net loss of ₹39.44 crore in the same period last year and compared to a net loss of ₹62.24 crore in the December 2025 quarter.
For the fiscal year ending March 31, 2026, Turtlemint's total income rose by 57% to ₹1,109.35 crore and net loss stood at Rs 184.27 crore.
The company's Service EBITDA also saw a 70% increase, reaching ₹142 crore. The annual Adjusted EBITDA margin improved from negative 27% to negative 10%, reflecting enhanced operational efficiency.
Turtlemint expanded its digital partner network by onboarding over 1.1 lakh new partners during FY26, bringing the total to over 6.5 lakh by March 31, 2026. The platform now covers over 19,000 PIN codes through collaborations with 46 top insurance providers.
Platform premium grew 31% year-on-year to ₹3,868 crore, and renewal revenue increased by 51% to ₹224 crore.
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Corporate overheads decreased from 38% of revenue in FY25 to 23% in FY26, supporting Turtlemint's path to profitability. The company's operational expansion and increased revenue from renewals contributed to its improved financial performance.
As of July 20, 2026, at 10:37 AM, Turtlemint Fintech Solutions share price on NSE was trading at ₹151.47, up by 11.33% from the previous closing price.
Turtlemint Fintech Solutions Limited achieved its first profitable quarter in Q4 FY26, with a net profit of ₹3.12 crore. The company's total income for FY26 was ₹1,109.35 crore, and Service EBITDA increased by 70% to ₹142 crore. The platform's premium volume grew by 31% to ₹3,868 crore.
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Published on: Jul 20, 2026, 11:18 AM IST
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