StockWatch
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Financial Technology (Fintech)
Quarterly Result17 Jul 2026, 07:00 pm

Turtlemint Reports Profitable Q4 FY26; FY26 Revenue Up 57%

AI Summary

Turtlemint Fintech Solutions Ltd announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported its first-ever profitable quarter in Q4 FY26 with a Profit After Tax of ₹3 crore. For the full fiscal year FY26, revenue from operations grew by 57% to ₹1,098 crore, and Service EBITDA increased by 70% YoY to ₹142 crore. The company highlighted strong business momentum, significant growth in its digital partner network (6.5 lakh+), and improved Adjusted EBITDA margin from -27% to -10% of revenue. Management expressed confidence in the business model and execution, emphasizing expansion of insurance accessibility across India.

Key Highlights

  • Achieved first profitable quarter in Q4 FY26 with PAT of ₹3 crore.
  • FY26 revenue surged 57% YoY to ₹1,098 crore.
  • Service EBITDA grew 70% YoY to ₹142 crore in FY26.
  • Adjusted EBITDA margin improved significantly to -10% in FY26.
  • Digital partner network expanded to over 6.5 lakh.