News ArticleGo Digit General Insurance Posts Rs. 2,72,049 Lakh Insurance Revenue for Q2 FY2026-27 Following Ind AS Adoption
Company reports H1 insurance revenue of Rs. 5,38,609 lakh; voluntarily adopts Indian Accounting Standards from April 2025 with limited review report
Go Digit General Insurance Limited announced its unaudited financial results for the quarter and half-year ended 30th September 2026, reporting Rs. 2,72,049 lakh in insurance revenue for Q2 and Rs. 5,38,609 lakh for H1 FY2026-27. The company voluntarily adopted Indian Accounting Standards (Ind AS) from 1st April 2025, overriding previous IRDAI forbearance. Detailed figures include incurred claims of Rs. 1,96,803 lakh for Q2 and a total insurance service result of Rs. 4,304 lakh for Q2. The results have been reviewed and approved with a limited review report issued by joint auditors PKF Sridhar
Go Digit General Insurance Limited
Investor Presentation
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.
The company’s insurance service expenses for the quarter ended 30th September 2026 were Rs. 2,60,773 lakh and the insurance service result stood at Rs. 4,304 lakh.
Net expenses from reinsurance contracts were Rs. 6,972 lakh for the quarter and investment income amounted to Rs. 42,299 lakh.
The Board of Directors approved these results on 5th November 2026 with a limited review report issued by joint auditors PKF Sridhar & Santhanam LLP and Kirtane & Pandit LLP.
This period’s results are reported under Ind AS accounting standards with a transition date of 1st April 2025, after the company voluntarily surrendered forbearance previously obtained from IRDAI for FY 2026-27.
The full unaudited financial results along with the notes and reconciliation statements have been made available on the company’s website.
Highlights
- Insurance revenue for Q2 FY2026-27: Rs. 2,72,049 lakh
- Insurance revenue for H1 FY2026-27: Rs. 5,38,609 lakh
- Insurance service expenses Q2: Rs. 2,60,773 lakh
- Insurance service result Q2: Rs. 4,304 lakh
- Net expenses/income from reinsurance contracts Q2: Rs. -6,972 lakh
- Investment income Q2: Rs. 42,299 lakh (financial assets not at FVTPL) and other investment income included in details
Key Data Snapshot
What happened
- Go Digit General Insurance Limited announced unaudited financial results for Q2 and H1 ended 30 September 2026.
- The company adopted Indian Accounting Standards (Ind AS) for reporting from 1 April 2025, foregoing prior IRDAI conditional forbearance.
- The Board approved the results on 5 November 2026 and the results have been reviewed by joint statutory auditors.
Key details
- Insurance revenue for Q2 FY2026-27 was Rs. 2,72,049 lakh, and Rs. 5,38,609 lakh for H1 FY2026-27.
- Insurance service expenses for Q2 were Rs. 2,60,773 lakh, including incurred claims, employee benefits, commissions, and other costs.
- Insurance service result for the quarter was Rs. 4,304 lakh.
- Net expenses from reinsurance contracts were Rs. 6,972 lakh for Q2.
- Investment income on financial assets not measured at fair value through profit or loss was Rs. 42,299 lakh in Q2.
Regulatory and governance context
- The financial results are presented under Indian Accounting Standards (Ind AS) as per IRDAI amended regulations.
- The company had initially obtained forbearance from IRDAI for FY 2026-27 for Ind AS adoption but voluntarily surrendered it.
- The results comply with SEBI Listing Regulations and IRDAI circulars.
- Limited review report from joint auditors confirms no material misstatements and adherence to applicable accounting standards.
Highlights
- Insurance revenue for Q2 FY2026-27: Rs. 2,72,049 lakh
- Insurance revenue for H1 FY2026-27: Rs. 5,38,609 lakh
- Insurance service expenses Q2: Rs. 2,60,773 lakh
- Insurance service result Q2: Rs. 4,304 lakh
- Net expenses/income from reinsurance contracts Q2: Rs. -6,972 lakh
- Investment income Q2: Rs. 42,299 lakh (financial assets not at FVTPL) and other investment income included in details
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 and 2026 amendments
- Insurance Act, 1938
- Insurance Regulatory and Development Authority Act, 1999
Source Information
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