
Turtlemint Fintech Solutions Releases Q2 2026 Unaudited Results; Consolidated Income stands at 295.65 Crore INR
Turtlemint Fintech Solutions Limited, formerly known as Turtlemint Fintech Solutions Private Limited and Fintech Blue Solutions Private Limited, has released its Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The results detail the financial performance of the company and its subsidiaries over the reporting period.The Board of Directors reviewed and approved these unaudited financial statements, which include both consolidated figures covering the entire group and standalone metrics for the parent company.
Consolidated Financial Performance (Quarter ended June 30, 2026)
Consolidated results show that Total income reached 295.65 crore INR for the quarter ended June 30, 2026. Expenses for the period were reported at 333.52 crore INR. The group recorded a total comprehensive loss of 38.15 crore INR.The key financial metrics for the consolidated entity are presented below:
| Particulars | For the Quarter Ended June 30, 2026 (Unaudited) | For the Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 295.65 crore INR | 1,109.35 crore INR |
| Total Expenses | 333.52 crore INR | 1,246.99 crore INR |
| Profit/(Loss) before tax | (37.87) crore INR | (192.57) crore INR |
| Net Loss / Total Comprehensive Income | (38.15) crore INR | (185.55) crore INR |
Standalone Financial Performance (Quarter ended June 30, 2026)
In terms of the parent company’s standalone results for the same quarter, total income stood at 21.92 crore INR. Total expenses were reported at 57.47 crore INR, and the company recorded a net loss amounting to 35.63 crore INR. The paid-up equity share capital increased to 29.45 crore INR for the quarter.The performance overview for the standalone entity is as follows:
| Particulars | For the Quarter Ended June 30, 2026 (Unaudited) | For the Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 21.92 crore INR | 54.82 crore INR |
| Total Expenses | 57.47 crore INR | 208.23 crore INR |
| Profit/(Loss) before tax | (35.55) crore INR | (153.41) crore INR |
| Net Loss / Total Comprehensive Income | (35.63) crore INR | (208.67) crore INR |
Operational Highlights and Financing Details
Notes accompanying the financial statements provided context on significant corporate events during the period. The company completed its Initial Public Offer (IPO) of 5,80,70,398 equity shares with a face value of 1 INR at an issue price of 152 per share. This IPO comprised a fresh issue of 4,34,68,552 shares, amounting to 660.72 crore INR, and an offer for sale of 1,46,01,846 equity shares by selling shareholders totaling 221.95 crore INR. The company’s equity shares were listed on the NSE and BSE on June 29, 2026.Furthermore, during the quarter ended June 30, 2026, the Company received an amount of 50 crore INR from Trifecta Venture Debt Fund - III and Trifecta Venture Debt Fund - IV toward the issuance of 13.75% Non-Convertible Debentures (NCDs). These NCDs are secured by a first charge over all present and future assets of the Company and its subsidiary, Turtlemint Mutual Funds Distributors Private Limited, and a second charge over all present and future assets of its subsidiary, Turtlemint Insurance Broking Services Private Limited.
The company also allocated 12,33,880 Equity Shares to eligible Employees during the quarter ended June 30, 2026, pursuant to employee stock option schemes.
TURTLEMINT Stock Price Movement
Turtlemint Fintech Solutions Limited shares today slipped by 1.59% to settle at ₹137.44, as the stock moved down amid post-market trading activity. The equity saw a total traded volume of 990,909 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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