Go Digit reported a strong Q2 performance, with profit before tax jumping 1.5 times to ₹136 crore and profit after tax reaching ₹117 crore. Gross written premium increased by 12.6% to ₹2,667 crore. The company’s solvency ratio stands at 2.26x, exceeding the regulatory requirement. Assets under management grew by 15.4% year-over-year.
Financial Performance Highlights
Go Digit General Insurance Limited announced a substantial increase in profitability for the second quarter. The company’s profit before tax (PBT) soared to ₹136 crore, representing a 1.5-fold increase compared to the previous year. Profit after tax (PAT) also saw significant growth, reaching ₹117 crore.
Key Financial Metrics
Here’s a summary of Go Digit’s performance for Q2 2026:
- Gross Written Premium (GWP): ₹2,667 crore, up 12.6% from Q2 2025.
- Profit Before Tax (PBT): ₹136 crore.
- Profit After Tax (PAT): ₹117 crore.
- Assets Under Management (AUM): ₹21,345 crore, a 15.4% increase year-over-year.
- Loss Ratio: 73.0%.
- Expense Ratio: 38.4%.
- Combined Ratio: 111.4%.
Growth Drivers and Solvency
The company’s solvency ratio was reported at 2.26x as of September 30, 2025, comfortably above the minimum regulatory requirement of 1.50x. This robust solvency position underscores the company’s financial stability and ability to meet its obligations.
Business Strengths
Go Digit emphasizes several key strengths including a focus on high-quality customer experience, empowering distribution partners, advanced technology platform, and a nimble organization with skilled management.
Source: BSE