Whalesbook
Go Digit General Insurance announced a 29.2% net profit surge for the fourth quarter of FY26, reaching ₹149.4 crore. This strong performance was powered by a 6.18% increase in Gross Written Premium (GWP) to ₹2,735.7 crore. Assets under management (AUM) also grew significantly, climbing 16.3% to ₹22,922 crore.
For the full fiscal year FY26, Go Digit reported GWP of ₹11,294 crore, up from ₹10,282 crore in FY25. The company's profit before tax for the year increased to ₹632 crore, compared to ₹425 crore in the prior fiscal year.
Operational and Financial Health
The insurer's combined ratio on an IGAAP basis was 111.6% in Q4 FY26, a slight rise from 111.3% a year ago. Under Ind AS accounting, the combined ratio improved to 99.1% from 101.3% in Q4 FY25. Go Digit's solvency ratio strengthened to 2.42 from 2.24.
Net worth grew to ₹4,586 crore (IGAAP) and ₹7,610 crore (Ind AS). Return on equity (ROE) saw an uptick, with the Ind AS ROE reaching 17.7% for FY26, up from 15.7% in FY25. Investment assets yielded 7.2% overall.
Regulatory Development
Go Digit is facing a Goods and Services Tax (GST) demand of ₹155 crore, plus a ₹15 crore penalty, from Chennai tax authorities.
Stock Performance
The company's shares closed at ₹316.50 on April 28, up 1.06% for the day.