StocksMedium•12 November 2026•
1 min read
Turtlemint H1 Revenue Rises 38% as Net Losses Narrow
Key Facts
1Turtlemint reported H1 revenue growth of 38% with Service EBITDA increasing by 66%.
2Adjusted EBITDA loss narrowed to INR 48 crore, while PAT loss narrowed to INR 64 crore.
Turtlemint reported H1 revenue growth of 38%, according to TradingView. The company's adjusted EBITDA loss narrowed to INR 48 crore, while its loss after tax (PAT) narrowed to INR 64 crore during the period.
Growth was driven by a 52% increase in platform premiums, with more than 76% of business originating from B30+ markets beyond India's top 30 cities. Service EBITDA increased by 66%, signaling an improving path to profitability for the Indian insurtech player.