# Turtlemint Q1 Loss Narrows 19% to Rs 38 Cr; Revenue 40%

2026-08-14T15:50:39+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Turtlemint trimmed its net loss 19% year-on-year to Rs 37.8 crore in the June quarter of FY27, according to Inc42. Operating revenue jumped 40% to Rs 294.1 crore from Rs 210.5 crore a year ago. The recently listed insurtech firm had posted a net profit of Rs 3.1 crore in the preceding quarter. Total expenses rose 28% YoY to Rs 333.5 crore, outpacing revenue growth. Including other income of Rs 1.6 crore, total income stood at Rs 295.7 crore. Sequentially, operating revenue fell 18% from Rs 357.2 crore in Q4 FY26.

## Coverage

- inc42.com <https://inc42.com/buzz/turtlemint-q1-loss-trims-19-yoy-to-%E2%82%B938-cr-operating-revenue-increased-40/>

Tags: financial results, Insurtech, startup, Turtlemint
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