Go Digit General Insurance Limited has informed the Exchange regarding Outcome of Board Meeting held on April 28, 2026.
GODIGIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Go Digit General Insurance reported audited financial results for FY ended March 31, 2026. Gross premium written grew 9.8% to Rs 11,29,409 lakhs, while net premium written increased marginally by 1.1% to Rs 8,32,133 lakhs. The company posted a profit after tax of Rs 54,435 lakhs, up 28.1% from Rs 42,494 lakhs in the previous year. Basic EPS improved to Rs 5.89 from Rs 4.65. The solvency ratio strengthened to 2.42 from 2.24, well above the regulatory minimum of 1.5. However, the combined ratio worsened slightly to 110.7% from 109.3%, and the company disclosed that its expenses exceeded IRDAI regulatory limits, requiring forbearance submission. The board also approved appointment of Kirtane & Pandit LLP as tax auditors and appointed Mr. Ajaysinh Bharatsinh Jadeja as Chief Legal Claims and Investigation Officer.
The strong 28% PAT growth and improved solvency ratio are positive signals for shareholders. However, the combined ratio above 100% and expense cap breach may raise concerns about operational efficiency. The unmodified auditor opinion confirms financial statement reliability.