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IPO Bound Acko Turns Profitable With ₹43 6 Crore Net Profit in FY26

Business
Published on 11 May 2026
IPO Bound Acko Turns Profitable With ₹43 6 Crore Net Profit in FY26

AI layoffs and a shift to pure protection

Insurtech unicorn Acko says it turned profitable in FY26 with net profit of ₹43.6 crore, swinging from a ₹193.4 crore loss in FY25. Net earned premium rose 26% to ₹191.8 crore as operating expenses fell 12.3%. Investment income declined, but gains from investment sales improved. The turnaround comes as Acko gears up for an IPO, after laying off about 5% of its staff.

  • Acko posted ₹43.6 crore net profit in FY26 after a ₹193.4 crore loss
  • Net earned premium grew 26% YoY to ₹191.8 crore
  • Operating expenses tied to insurance fell 12.3% while claims rose 19.2%
  • IPO prep includes banker appointments and a shift toward pure protection products
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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