Go Digit General Insurance reports ₹14,239 lakh profit for Q2 FY27

Go Digit General Insurance has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a profit after tax of ₹14,239 lakhs for the quarter and ₹37,861 lakhs for the half-year. The results reflect the adoption of Indian Accounting Standards (Ind AS) and include a limited review report from its joint statutory auditors.

Go Digit General Insurance Announces Q2 FY27 Financial Results

Go Digit General Insurance Limited has declared its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results based on the recommendation of the Audit Committee during their meeting held on November 5, 2026.

Key Financial Highlights

For the quarter ended September 30, 2026, the company reported a profit after tax of ₹14,239 lakhs. The total comprehensive income for the same period was (₹5,526 lakhs). For the half-year ended September 30, 2026, the profit after tax stood at ₹37,861 lakhs, with a total comprehensive income of ₹56,388 lakhs.

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS), with a transition date of April 1, 2025. The company had previously obtained forbearance from IRDAI for adopting Ind AS, but has now voluntarily surrendered it.

Operational and Balance Sheet Overview

The company’s total assets as of September 30, 2026, amounted to ₹29,65,091 lakhs, with total liabilities at ₹21,51,352 lakhs. Equity stood at ₹8,13,739 lakhs.

Key ratios presented include an Insurance Service Margin of 4.1% for the quarter, a Claims Ratio of 62.4%, and an Expense Ratio of 33.5%. The Solvency Ratio as per IGAAP was reported at 2.40.

Auditors’ Report

The unaudited financial results have undergone a limited review by the Joint Statutory Auditors, PKF Sridhar & Santhanam LLP, and Kirtane & Pandit LLP. Their report states that based on their review, nothing has come to their attention that causes them to believe that the accompanying statements are not prepared in accordance with Ind AS 34 and other applicable regulations.

Segmental Performance

The segmental reporting indicates that the Fire segment contributed positively to the profit/loss, while the Motor OD and Motor TP segments showed losses for the quarter.

Source: BSE

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