Go Digit sees PAT surge over 119% in Q4 FY25

Go Digit, with 6.7 crore customers, sold 1.2 crore policies during FY25. It issued over 48% of policies in FY25 through APIs, and the firm has settled 29.4 lakh claims digitally since inception.

Apr 28, 2025 - 13:55

Go Digit sees PAT surge over 119% in Q4 FY25

Go Digit General Insurance Ltd. on Monday reported a 119.5% surge in profit after tax (PAT) at Rs 115.61 crore for the quarter ended March 31 from Rs 52.66 crore a year earlier.

Gross premiums written for the quarter rose 10.29% to Rs 2,576.38 crore compared to Rs 2,335.91 crore in the same period last year.

Meanwhile, the insuretech company's total income climbed 6.04% to Rs 2,855.18 crore from Rs 2,692.50 crore. Total expenses for the period increased 5.08% YoY to Rs 2,426.12 crore.

Founded in 2017, Go Digit offers motor, health, travel, property, marine, and liability insurance products, positioning itself as a fully digital, technology-driven insurance company.

For the full fiscal year ended March 31, 2025, Go Digit saw its PAT jump 133.89% to Rs 424.94 crore from Rs 181.68 crore in FY24. Gross premiums written rose 14.05% to Rs 10,282.14 crore from Rs 9,015.59 crore.

Total income for FY25 stood at Rs 9,479.52 crore, up 12.28% from Rs 8,442.74 crore the previous year. Total expenses for the year rose 11.39% to Rs 8,864.95 crore from Rs 7,958.54 crore.

The company, with 6.7 crore customers, sold 1.2 crore policies during FY25. It issued over 48% of policies in FY25 through APIs, and the firm has settled 29.4 lakh claims digitally since inception.

Edited by Suman Singh