Turtlemint Trims Q2 Loss By 67% YoY To ₹26 Cr, Revenue Surges 35%
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Insurtech company Turtlemint managed to cut its consolidated net loss for the September quarter (Q2 FY27) by 67% to ₹25.8 Cr from ₹78.5 Cr in the year-ago period.
On a sequential basis, the company’s loss declined by 32% from ₹37.8 Cr.
Operating revenue for the quarter surged 35% YoY and 16% QoQ to ₹342.2 Cr. Including other income of ₹9.5 Cr, total income for the quarter surged to ₹351.7 Cr.
Meanwhile, total expenses for the quarter also zoomed by 25% YoY to ₹375.2 Cr. The company’s tax expenses for the quarter stood at ₹2.3 Cr.
(The story will be updated shortly)
The post Turtlemint Trims Q2 Loss By 67% YoY To ₹26 Cr, Revenue Surges 35% appeared first on Inc42 Media.
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