Go Digit General Insurance reported a strong performance in the fourth quarter of FY26. The company’s net profit increased by around 29% year-on-year to ₹149.4 crore. Its revenue from operations stood at ₹2,301 crore, while gross written premium (GWP) reached ₹2,735.7 crore for the quarter.
For the full year, Go Digit posted a net profit of ₹544.35 crore, compared to ₹424.94 crore in FY25. Its assets under management grew by over 16% to ₹22,922 crore. The company also maintained a strong solvency ratio of 2.42, which is well above the required limit. Its return on equity (ROE) improved to 17.7%, showing better profitability. The combined ratio under Ind AS improved to 99.1%, which means the company is managing its costs and claims more efficiently.
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Tax Notices and Regulatory Issues
Along with strong earnings, the company is also facing some regulatory challenges. In March 2026, GST authorities in Chennai confirmed a tax demand of ₹154.8 crore, along with penalties and interest. This issue is related to co-insurance premiums and reinsurance commissions.
In another case, Go Digit received a ₹384 crore income tax notice for FY24, including ₹100 crore in interest. This demand is linked to certain claim provisions and tax deductions on reinsurance payments. The company said these issues are common across the insurance industry and plans to challenge them legally. It is also under review by the Insurance Regulatory and Development Authority of India (IRDAI) for exceeding expense limits, which may take time to fix.
Focus on Profitability and Future Growth
Go Digit is now focusing more on profitable growth instead of expanding quickly. Motor insurance remains its biggest segment, contributing ₹1,499 crore in Q4. At the same time, the company has reduced its exposure to less profitable health insurance segments.
It is also using technology like AI to speed up claims and reduce fraud, which helps improve efficiency. According to HDFC Securities, the company may take some time to fully meet expense norms, but its long-term growth outlook remains positive.