Insurance distribution platform Turtlemint expects to turn profitable on a full-year basis in FY27 on a growing renewal book and operating leverage, said cofounder and chief executive Dhirendra Mahyavanshi.
Speaking after the company's March quarter earnings, Mahyavanshi said Turtlemint had achieved adjusted Earnings before interest, taxes, depreciation and amortization (Ebitda) profitability, excluding Employee stock option plan (Esop) costs, for the first time.