Go Digit General Insurance Limited Performance Report
Go Digit General Insurance Limited initiated its report by highlighting significant advancements in the second quarter of FY26, with operating revenue (net premium) climbing 10% to Rs 2,088 crore, up from Rs 1,891 crore in Q2 FY25. The firm’s profit also surged by 30%, exceeding the Rs 100 crore mark during this quarter.
The net premiums written experienced a 9% increase this quarter, amounting to Rs 2,109 crore in Q2 FY26 compared to Rs 1,928 crore during the same quarter the previous year, as illustrated in its quarterly results published on the NSE. Income generated from investments saw a notable rise, reaching Rs 320 crore in Q2 FY26, contrasted with Rs 284 crore in the second quarter of the prior fiscal year, driven by enhanced performance of the investment portfolio.
Ultimately, the total income for Q2 FY26 was recorded at Rs 2,408 crore, compared to Rs 2,175 crore in the corresponding quarter last year.
Go Digit also faced a rise in expenses during Q2 FY26, including commissions and brokerage costs, which totalled Rs 603 crore, an increase from Rs 573 crore in Q2 FY25. Employee benefits saw a modest increase as well, with expenses amounting to Rs 91.5 crore in Q2 FY26. These factors contributed to an overall 10% increase in the firm’s expenses during the quarter, bringing the total to Rs 2,334 crore.
In terms of claims, the company disbursed Rs 1,098 crore in claims during Q2 FY26 compared to Rs 851 crore paid in Q2 FY25. There was also a notable change in outstanding claims, which decreased to Rs 426 crore in Q2 FY26 from Rs 483 crore in Q1 FY25.
The company’s Profit After Tax (PAT) rose by 30% to Rs 116.5 crore in Q2 FY26, up from Rs 89.5 crore in the same quarter last fiscal year. Over the half-year period, the company reported a 34% profit increase, reaching Rs 255 crore in H1 FY26 compared to Rs 191 crore in H1 FY25.
At the close of trading, Go Digit’s share price was positioned at Rs 363.75 per share, resulting in a market capitalisation of Rs 33,586 crore (approximately $3.8 billion).
