Go Digit General Insurance (GODIGIT) Q1 25/26 earnings summary

Executive summary

• Profit before tax rose to INR 161 crore (up 59.4%) and PAT to INR 138 crore (up 36.6%) year-over-year, with the first tax payment causing a difference between PAT and PBT.

• Gross Written Premium (GWP) for Q1 2026 reached ₹2,982 crore, up 12.1% year-over-year.

• Assets under management (AUM) grew 17.4% year-over-year to INR 20,861 crore as of June 30, 2025.

• ROE (non-annualized) was 3.4%; net worth increased to INR 4,173 crore.

• Customer base expanded to 7.1 crore; results reviewed and approved by the Board.

Financial highlights

• Combined ratio for Q1 2026 was 108.6%, up from 105.4% in Q1 2025; without 1/n basis, it was 107.1%.

• Loss ratio for Q1 was 70.3%, nearly unchanged year-over-year.

• Solvency ratio stood at 2.27 (227%), above the regulatory minimum.

• Expense ratio increased to 38.3% in Q1 2026 from 34.9% in Q1 2025.

• Investment income was INR 372 crore, with a yield of 7.2% (excluding capital loss).

Outlook and guidance

• Retention in corporate business expected to normalize as retail business increases.

• Forward-looking statements highlight risks from regulatory changes, economic conditions, and market volatility.

• Anticipates higher retention in Fire and other lines as the year progresses; expects discipline to return in group health pricing.

• Financial results for the quarter are not indicative of full-year performance due to industry seasonality.