ResultsFinancial Services
Turtlemint revenue FY27: ₹342.19 Cr, net loss ₹25.83 Cr
Turtlemint Q2 loss narrows 67% to ₹26 crore
By Abha Lohia · Editor ·
Turtlemint revenue
Turtlemint reported revenue of ₹342.19 Cr in FY27, with a net loss of ₹25.83 Cr, as reported by The Economic Times, Entrackr and Inc42 on 12 November 2026.
| Revenue (FY27) | ₹342.19 Cr |
|---|---|
| Net loss (FY27) | ₹25.83 Cr |
Turtlemint: revenue and funding and every story →
Q2 FY27MumbaiFounded 2015
- Turtlemint is a Mumbai-based platform that helps a network of advisors sell insurance policies
- Its net loss for the September quarter fell 67% to about ₹26 crore, while revenue grew 35% to ₹342 crore
- Higher insurance sales and renewal income, which earns better margins than first-year commission, drove the improvement
What happened
- Net loss was ₹25.83 crore against ₹78.45 crore a year ago.
- Revenue rose 35% to ₹342.19 crore.
- Revenue a year earlier was ₹252.84 crore.
Why it matters
- More policies were sold through advisors.
- Renewal income grew.
- Corporate costs stayed steady.
The business
- Turtlemint sells insurance through advisors.
- It is based in Mumbai.
- It is listed on the stock exchange.
- It earns commission on new policies.
- It also earns renewal income.
The founders
In numbers
₹25.83 CrNet loss · Q2 FY27
₹342.19 CrRevenue · Q2 FY27
The numbers around it
Financial Services in November 2026: 6 rounds with a disclosed amount, $176 million in all; the biggest was Kissht (₹832 Cr). Every sector this year →
Other articles talking about it
Terms in this story
- Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.
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