Recently listed insurtech company Turtlemint turned profitable in the March quarter of FY26 (Q4 FY26), reporting a consolidated net profit of ₹3.1 Cr as against a loss of ₹39.4 Cr in the year-ago quarter. The company had posted a loss of ₹62.2 Cr in the preceding December quarter.
Operating revenue surged 42% YoY and 29% QoQ to ₹357.2 Cr. Including other income of ₹3.2 Cr, total revenue for the quarter stood at ₹360.4 Cr.
Meanwhile, expenses for the quarter rose 23% YoY to ₹365.6 Cr.
For the full fiscal year FY26, Turtlemint managed to narrow its net loss by 5% to ₹184.3 Cr from ₹194.1 Cr in the previous year. Operating revenue zoomed 66% YoY to ₹1,098.2 Cr.
(The story will be updated soon)
The post Turtlemint Turns Profitable In Q4, Posts PAT Of ₹3 Cr appeared first on Inc42 Media.
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