Archive · 20 Jul 2026
Turtlemint Shares Surge 11% After First Profitable Quarter
Turtlemint, a financial technology company, recently announced its first profitable quarter.
This good news made its stock price go up by 11%.
The company earned more money and managed its costs better.
It now has over 6.5 lakh digital partners and works with many insurers.
The company plans to keep investing in technology to help its partners and customers.
This success shows that Turtlemint's business is growing and becoming more efficient.
Turtlemint's stock surged 11% after reporting its first profitable quarter.
March quarter revenue grew 42% year-on-year to Rs 357.2 crore.
The company reported a profit after tax of Rs 3.1 crore, compared to a loss of Rs 39.4 crore last year.
FY26 revenue increased 57% to Rs 1,098.3 crore, with improved EBITDA margins.
Turtlemint has over 6.5 lakh digital partners and partnerships with 46 insurers.
- Who
- Turtlemint Fintech Solutions
- What
- Reported first profitable quarter and strong financial performance for FY26
- When
- Financial year ended March 2026
- Where
- Mumbai, India
- Why
- Strong revenue growth, improved operating performance, and cost management
- Intraday High
- Rs 150.65 per share
- March Quarter Revenue
- Rs 357.2 crore (42% YoY growth)
- March Quarter Profit
- Rs 3.1 crore (vs. loss of Rs 39.4 crore YoY)
- FY26 Revenue
- Rs 1,098.3 crore (57% YoY growth)
- Digital Partners
- 6.5 lakh
- Platform Premium
- Rs 3,868 crore (31% YoY growth)
- Renewal Revenue
- Rs 224 crore (51% YoY growth)