News ArticleGo Digit General Insurance Posts ₹2,720 crore Insurance Revenue and ₹255 crore Profit After Tax in Q2 FY27
Company sustains solvency ratio at 2.40x and claims combined insurance service ratio of 97.4% excluding flood loss
Go Digit General Insurance Limited reported its financial results for Q2 FY27 with insurance revenue of ₹2,720 crore and a solvency ratio of 2.40x. The company recorded a profit after tax excluding mark-to-market impacts and flood loss of ₹255 crore, maintaining underwriting discipline amid a soft market.
Go Digit General Insurance Limited
Investor Presentation
Go Digit General Insurance Limited reported insurance revenue of ₹2,720 crore and a net profit after tax of ₹255 crore excluding mark-to-market impacts and flood loss for the quarter ended 30 September 2026 (Q2 FY27). The company maintained a solvency ratio of 2.40x and sustained underwriting discipline despite a soft market.
For Q2 FY27, the company’s insurance revenue stood at ₹2,720 crore compared to ₹2,675 crore in Q2 FY26. Gross direct premium was ₹2,351 crore, representing a 1.2% decline year-over-year, while gross written premium was ₹2,571 crore, down 3.6%. Excluding non-renewal of health reinsurance inward and government health business due to unattractive pricing, gross written premium was flat.
Profit before tax excluding mark-to-market (MTM) and flood loss was ₹341 crore in Q2 FY27 compared to ₹380 crore in Q2 FY26. Profit after tax on the same basis was ₹255 crore versus ₹285 crore in the comparative quarter.
The combined insurance service ratio (CISR) was 99.8% in Q2 FY27 and improved to 97.4% excluding flood loss, compared to 94.9% and 94.5% respectively in Q2 FY26.
Assets under management grew 15.9% year-over-year to ₹24,371 crore as of 30 September 2026. The solvency ratio remained strong at 2.40x, above the regulatory minimum of 1.50x.
Highlights
- Insurance revenue increased to ₹2,720 crore in Q2 FY27 from ₹2,675 crore in Q2 FY26.
- Profit after tax excluding MTM and flood loss was ₹255 crore in Q2 FY27, down from ₹285 crore in Q2 FY26.
- Combined Insurance Service Ratio ex flood loss was 97.4% in Q2 FY27, compared to 94.5% a year earlier.
- Gross direct premium declined by 1.2% to ₹2,351 crore; gross written premium declined 3.6% to ₹2,571 crore.
- Assets under management grew by 15.9% to ₹24,371 crore as of 30 September 2026.
- Solvency ratio remained robust at 2.40x, exceeding the regulatory requirement of 1.50x.
Key Data Snapshot
What happened
- Go Digit General Insurance reported insurance revenue of ₹2,720 crore for Q2 FY27, a slight increase from ₹2,675 crore in Q2 FY26.
- Profit after tax excluding mark-to-market impacts and flood loss was ₹255 crore in Q2 FY27 compared to ₹285 crore in Q2 FY26.
- The company maintained a strong solvency ratio of 2.40x, above the regulatory requirement of 1.50x.
- Combined insurance service ratio was 99.8% for Q2 FY27, improving to 97.4% when excluding flood loss, higher than the 94.9% and 94.5% reported respectively in Q2 FY26.
Key details
- Gross direct premium declined by 1.2% year-over-year to ₹2,351 crore in Q2 FY27 from ₹2,379 crore in Q2 FY26.
- Gross written premium decreased 3.6% to ₹2,571 crore comparing Q2 FY27 to Q2 FY26, with flat growth after excluding certain health reinsurance businesses.
- Assets under management increased by 15.9% to ₹24,371 crore as of 30 September 2026 from ₹21,019 crore as of 30 September 2025.
- The quarter's profit figures exclude mark-to-market impacts and flood loss to provide a clearer measure of underwriting performance.
Regulatory and governance context
- The company transitioned to reporting its financial results under Indian Accounting Standards (Ind AS) from 1 April 2025, with comparative figures restated accordingly.
- Solvency ratio calculation basis follows IGAAP principles as required by the Insurance Regulatory and Development Authority of India (IRDAI).
Highlights
- Insurance revenue increased to ₹2,720 crore in Q2 FY27 from ₹2,675 crore in Q2 FY26.
- Profit after tax excluding MTM and flood loss was ₹255 crore in Q2 FY27, down from ₹285 crore in Q2 FY26.
- Combined Insurance Service Ratio ex flood loss was 97.4% in Q2 FY27, compared to 94.5% a year earlier.
- Gross direct premium declined by 1.2% to ₹2,351 crore; gross written premium declined 3.6% to ₹2,571 crore.
- Assets under management grew by 15.9% to ₹24,371 crore as of 30 September 2026.
- Solvency ratio remained robust at 2.40x, exceeding the regulatory requirement of 1.50x.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- IRDA Circular No. IRDAI/F&I/CIR/MISC/92/7/2026 dated 8 July 2026
More News on Investor Presentation
View allLatest corporate announcements and market updates in Investor Presentation.
Go Digit General Insurance Reports ₹208 Crore Profit After Tax in Q2 FY27 with 2.40x Solvency Ratio
Go Digit General Insurance Limited announced its financial results for the quarter ended September 30, 2026, posting an Insurance Revenue of ₹2,720 crore and a Profit After Tax of ₹208 crore, excluding mark to market impacts. Despite a challenging market, the company maintained strong solvency at 2.40x and showed growth in assets under management.
Read Full Story
Go Digit General Insurance Posts Rs. 2,72,049 Lakh Insurance Revenue for Q2 FY2026-27 Following Ind AS Adoption
Go Digit General Insurance Limited announced its unaudited financial results for the quarter and half-year ended 30th September 2026 with insurance revenue of Rs. 2,72,049 lakh for the quarter and Rs. 5,38,609 lakh for the half-year. The company has adopted Indian Accounting Standards (Ind AS) from 1st April 2025, reversing prior IRDAI forbearance provisions.
Read Full Story
Schneider Electric Infrastructure Limited Reports 50.9% YoY Order Growth and 19.8% Sales Increase for Q2 FY27
Schneider Electric Infrastructure Limited announced strong financial results for the second quarter of fiscal year 2027, recording a 50.9% year-over-year increase in orders totaling ₹1265 crore and a 19.8% increase in sales amounting to ₹779 crore. The company also highlighted its capacity expansion plans and sustainability achievements.
Read Full Story
