Synopsis
Go Digit General Insurance reported a 6.2% increase in gross written premium to Rs 2,736 crore for the March quarter, driven by robust motor insurance sales and cost control. Net profit rose 28% year-on-year to Rs 149 crore. The company closed FY26 with Rs 11,294 crore in gross written premium.Its net profit stood at Rs 149 crore compared to Rs 115 crore a year ago, up 28% year-on-year.
According to data shared by the Bengaluru-based company, motor insurance contributed to Rs 1,499 crore in net premium, up 9.1% from Rs 1,373 crore a year back. Its health business, another important segment, recorded Rs 384 crore, including government business, retail and corporate business. This figure stood at Rs 437 crore in the March quarter of FY25. The health business reported a degrowth from last year.
Overall, GoDigit closed FY26 with gross written premium of Rs 11,294 crore, up 9.8% from Rs 10,282 crore a year ago.
The firm’s overall assets under management stood at north of Rs 22,000 crore, thereby helping the company generate high returns on its investments.
Shares of the company closed at Rs 317.8 at the end of trading on April 28, down 0.66% on the BSE.
