ALFA Filings
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Turtlemint delivered strong 40% revenue growth in Q1 FY27, driven by massive expansion in their digital partner network and improved renewal premiums. However, the company remains loss-making with significant reliance on the cyclical motor insurance segment.
Turtlemint Fintech reported strong Q1FY27 growth, leveraging its digital PoSP network to scale insurance distribution in B30+ markets with improving operational efficiency.
Turtlemint reported a strong FY26 with operating revenue of INR 1,098 crores, up 57% YoY. Management achieved its first-ever breakeven quarter at an adjusted EBITDA level in Q4FY26.
Turtlemint reported FY26 revenue of INR 10,983 Mn with INR 38,678 Mn platform premium, leveraging a massive PoSP network for digital insurance distribution in B-30 markets.