Turtlemint Fintech Solutions Ltd
P&L
Quarterly Consolidated
Turtlemint Reports Profitable Q4 FY26; FY26 Revenue Up 57%
17 Jul 2026 · 17 Jul, 7:01 pm
Summary
Turtlemint Fintech Solutions Limited reported its first-ever profitable quarter in Q4 FY26, with Profit After Tax reaching ₹3.1 crore. The company achieved robust full-year FY26 revenue growth of 57% to ₹1,098.3 crore, while Q4 FY26 revenue grew 42% year-over-year. Service EBITDA for FY26 saw a substantial 70% increase to ₹141.6 crore, alongside significant improvement in Adjusted EBITDA as a percentage of revenue, narrowing from (27%) in FY25 to (10%) in FY26. Management highlighted the strong distribution strength of their platform, disciplined execution, and continued investment in technology and AI as key drivers for enhancing partner and customer experiences.
Key Highlights
- 1
Turtlemint reported its first-ever profitable quarter in Q4 FY26, with Profit After Tax coming in at ₹3.1 crore.
- 2
Revenue from operations for Q4 FY26 demonstrated strong growth, increasing by 42% year-over-year to ₹357.2 crore.
- 3
For the full financial year 2026, revenue from operations saw robust growth of 57% year-over-year, reaching ₹1,098.3 crore.
- 4
Service EBITDA for FY26 grew significantly by 70% year-over-year to ₹141.6 crore, as Service EBITDA margins expanded.
- 5
Platform Premium expanded by 31% year-over-year to ₹3,868 crore in FY26, indicating strong business momentum.
- 6
The company significantly improved its Adjusted EBITDA as a percentage of revenue, moving from (27%) in FY25 to (10%) in FY26.
- 7
Turtlemint's digital partner network expanded to over 6.5 lakh as of March 31, 2026, having added 1.1 lakh partners during the financial year.
Management Comments
Dhirendra Mahyavanshi
Our growth this quarter reflects the distribution strength of our platform and ecosystem. We are excited to begin our journey as a listed company, reflecting the strength of our business model and disciplined execution. Today, more than 6.5 lakh + Digital Partners, supported by partnerships with 46 insurers and a presence across 19,000+ PIN codes, are helping make insurance more accessible to millions of Indians.
Anand Prabhudesai
As we continue to invest in technology and AI, our focus remains on empowering our partners, enhancing customer experiences, and building one of India's most trusted digital insurance distribution platforms. The business is in excellent shape, with strong momentum across our key growth drivers, and we remain focused on executing our long-term strategy to create sustainable value for all our stakeholders.
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