Go Digit’s Q4 Net Profit Increases by 29% Due to Rising Premium Income

Go Digit's Q4 Net Profit Increases by 29% Due to Rising Premium Income
Go Digit General Insurance Ltd reported a significant 29.2% increase in net profit for the fourth quarter, reaching ₹149.4 crore, up from ₹116 crore during the same period last year, as of Tuesday (April 28). For FY26, the profit before tax was ₹632 crore, compared to ₹425 crore in FY25.

The gross written premium (GWP) saw a 6.18% rise to ₹2,735.7 crore from ₹2,576.4 crore a year earlier. Meanwhile, assets under management (AUM) grew by 16.3%, reaching ₹22,922 crore, up from ₹19,703 crore last year. The combined ratio was reported at 111.6%, slightly up from 111.3% in the corresponding quarter last year.

Net earned premium rose to ₹2,301 crore from ₹2,247 crore in the same period last year.
Also Read: Go Digit Q2 profit rises 30% on higher premium income, improved underwriting
In FY26, GWP amounted to ₹11,294 crore compared to ₹10,282 crore in FY25. Gross direct premium grew to ₹9,846 crore from ₹8,472 crore in the prior year. AUM as of March 31, 2026, increased to ₹22,922 crore from ₹19,703 crore a year earlier.

The combined ratio under IGAAP for Q4FY26 was 111.6%, compared to 111.3% in Q4 FY25. Under Ind AS, the combined ratio was recorded at 99.1%, down from 101.3% in the same quarter last year. The loss ratio on an IGAAP basis stood at 75.2% in Q4FY26, compared with 76.5% in Q4FY25. The solvency ratio improved to 2.42 from 2.24 a year prior.

Net worth increased to ₹4,586 crore on an IGAAP basis from ₹4,033 crore, and to ₹7,610 crore under Ind AS from ₹7,099 crore. The company also reported an improvement in return on equity, with Ind AS ROE rising to 17.7% in FY26 from 15.7% in FY25. Investment assets under management increased to ₹22,922 crore, with overall yield and debt yield at 7.2% and 7.3%, respectively.

Also Read: Go Digit gets GST demand of ₹155 crore, ₹15 crore penalty from Chennai tax authority

On April 28, shares of Go Digit General Insurance Ltd closed at ₹316.50, up by ₹3.40, or 1.06%, on the BSE.

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