News ArticleGo Digit General Insurance Releases Q2 and H1 FY2026-27 Unaudited Ind AS Financial Results
Company adopts Ind AS from April 1, 2025, voluntarily surrendering prior IRDAI forbearance and reports Rs. 272,049 lakh insurance revenue for Q2
Go Digit General Insurance Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026, prepared under the Indian Accounting Standards (Ind AS) following its voluntary adoption, reflecting insurance revenue of Rs. 272,049 lakh for the quarter and an insurance service result of Rs. 4,304 lakh.
Go Digit General Insurance Limited
General / Other
Go Digit General Insurance announced its unaudited Ind AS financial results for the quarter and half-year ended September 30, 2026, reporting insurance revenue of Rs. 272,049 lakh for the quarter and an insurance service result of Rs. 4,304 lakh for the same period.
The Board of Directors approved these results on November 5, 2026, as per regulatory requirements under SEBI Listing Regulations and IRDAI guidelines.
The company had previously obtained forbearance from IRDAI for adopting Indian Accounting Standards (Ind AS) for FY 2026-27 but voluntarily adopted Ind AS starting April 1, 2025, with transition applied to the current reporting period.
Insurance revenue for the quarter ended September 30, 2026 stood at Rs. 272,049 lakh, with related insurance service expenses amounting to Rs. 260,773 lakh.
Net expenses from reinsurance contracts were Rs. 6,972 lakh for the quarter, resulting in an insurance service result of Rs. 4,304 lakh.
Investment income and other financial details were part of the reported unaudited results submitted along with the limited review report from joint statutory auditors PKF Sridhar & Santhanam LLP and Kirtane & Pandit LLP.
Highlights
- Insurance revenue for Q2 ended September 30, 2026: Rs. 272,049 lakh.
- Insurance service result for the same quarter: Rs. 4,304 lakh.
- Voluntary adoption of Ind AS with a transition date of April 1, 2025.
- Unaudited results approved by the Board on November 5, 2026.
- Limited review report issued by joint auditors without any material misstatement.
- Surrendered IRDAI forbearance for FY 2026-27 and reported under Ind AS.
Key Data Snapshot
What happened
- Go Digit General Insurance submitted unaudited Ind AS financial results for Q2 and H1 FY2026-27 on November 5, 2026.
- The Board approved the unaudited results and took note of the limited review report by statutory auditors.
- The Company voluntarily surrendered the IRDAI granted forbearance and adopted Indian Accounting Standards effective April 1, 2025.
Key details
- Insurance revenue for the quarter ended September 30, 2026 was Rs. 272,049 lakh.
- Insurance service expenses for the same quarter totalled Rs. 260,773 lakh.
- Net expenses/income from reinsurance contracts were Rs. 6,972 lakh for the quarter.
- Resulting insurance service result was Rs. 4,304 lakh for the quarter.
- Limited review was conducted under ICAI auditing standards and found no material misstatements.
Regulatory and governance context
- The financial results comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and IRDAI guidelines.
- Report follows the amended IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 as amended in 2026.
- The company formally informed exchanges BSE and NSE and published results on its website.
Highlights
- Insurance revenue for Q2 ended September 30, 2026: Rs. 272,049 lakh.
- Insurance service result for the same quarter: Rs. 4,304 lakh.
- Voluntary adoption of Ind AS with a transition date of April 1, 2025.
- Unaudited results approved by the Board on November 5, 2026.
- Limited review report issued by joint auditors without any material misstatement.
- Surrendered IRDAI forbearance for FY 2026-27 and reported under Ind AS.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024
- IRDAI (Actuarial, Finance and Investment Functions of Insurers) (Amendment) Regulations, 2026
Source Information
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