Go Digit General Insurance has announced its financial results for the second quarter of FY27, ending September 30, 2026. The company reported Insurance Revenue of ₹2,720 crore. The solvency ratio remains strong at 2.40x, exceeding the regulatory requirement. Profitability figures and combined insurance service ratios are also detailed in the release.
Go Digit General Insurance Q2 FY27 Financial Highlights
Go Digit General Insurance has released its financial performance for the second quarter of the financial year 2027, ending September 30, 2026. The company reported a significant Insurance Revenue of ₹2,720 crore. This period saw a strong solvency position, with the Solvency Ratio standing at 2.40x, well above the regulatory minimum of 1.50x.
Key Performance Indicators
The financial results highlight several key performance indicators:
- Profit Before Tax (Ex MTM) for Q2 FY27 was ₹278 crore.
- Profit After Tax (Ex MTM) was reported at ₹208 crore.
- Net Worth (Equity-IndAS) stood at ₹8,137 crore.
- The Claims Ratio (%) was 62.4%.
- The Combined Insurance Service Ratio (%) was 99.8%, and excluding flood loss, it was 97.4%.
Assets and Growth
As of September 30, 2026, the Assets Under Management (AUM) reached ₹24,371 crore, marking a growth of 15.9% compared to the previous year. The company also noted a decrease in Gross Direct Premium (GDPI) and Gross Written Premium (GWP) for Motor Total segment, attributed to strategic decisions on renewing business with unattractive pricing.
Reporting Basis
The financial results presented are prepared in accordance with the Indian Accounting Standards (Ind AS), with a transition date of April 1, 2025. Comparative figures are presented on the same Ind AS basis. The financial results prepared under Ind AS are unaudited.
Source: BSE
