[[{“value”:”
Insurtech company Go Digit General Insurance’s profit after tax (PAT) zoomed 37% to INR 138.3 Cr in the first quarter of FY26 from INR 101.3 Cr in the year-ago quarter. On a sequential basis, profit rose 20% from INR 115.6 Cr.
The company’s gross written premium stood at INR 2,982 Cr during the quarter, up 12% from INR 2,660 Cr in Q1 FY25. Meanwhile, net premium written declined 4% YoY and 4% QoQ to INR 1,950.6 Cr during the quarter. Net premium earned for the quarter stood at INR 1,865 Cr, up 2% YoY and down 17% QoQ.
The company’s total income in Q1 FY26 stood at INR 2,179.5 Cr, up 5% from INR 2,076.9 Cr in the year-ago quarter. However, it declined 23% from INR 2,855.2 Cr in Q4 FY25.
In line with the trends in its total income, total expenses grew 3% YoY and declined 15% QoQ to INR 2,058.6 Cr in Q1 FY26.
(The story will be updated soon)
The post Go Digit Q1: Profit Zooms 37% YoY To INR 138 Cr appeared first on Inc42 Media.
“}]]
Read More Latest Startup News From The Indian Startup Ecosystem – Inc42 Media