Insurtech company Go Digit General Insurance reported a 30% year-on-year (YoY) rise in profit after tax (PAT) to Rs 116.6 crore in the September quarter (Q2) of the fiscal year 2025–26 (FY26), up from Rs 89.5 crore in the year-ago period, driven by strong growth in gross written premiums (GWP).
However, profit declined 15.7% quarter-on-quarter (QoQ) from Rs 138.3 crore posted in Q1 FY26.
Founded in 2017 by Kamesh Goyal, Go Digit General Insurance is a full-stack digital insurance company offering motor, health, travel, property, marine, liability, and other insurance products. The company made its stock market debut in May last year.
The Bengaluru-based company clocked a GWP, the total premium collected before deducting expenses, of Rs 2,667.5 crore in Q2 FY26, up 13% from Rs 2,368.6 crore in the same quarter last year. However, GWP declined 10.5% sequentially from Rs 2,981.2 crore in Q1 FY26.
Total income rose nearly 11% to Rs 2,408.4 crore during the quarter under review, compared to Rs 2,175.5 crore in Q2 FY25.
For the first six months of FY26 (H1 FY26), Go Digit reported a PAT of Rs 254.9 crore, a jump of 33.6% from Rs 190.8 crore in the same period last year. The company’s GWP stood at Rs 5,649.3 crore in H1 FY26, compared to Rs 5,029 crore a year ago.
Motor Insurance Remains Go Digit’s Biggest Revenue Driver
Third-party motor insurance continued to be the mainstay of Go Digit’s business. The company earned a net premium of Rs 1,481.8 crore from motor insurance in Q2 FY26, up 9.4% from Rs 1,354.2 crore in Q2 FY25.
In its investor presentation, Go Digit said its market share in the motor insurance space stood at 6.5% at the end of H1 FY26.
“Our overall market share is 3.4%, and motor insurance is at 6.5%. The product portfolio continues to be strong. Our assets under management (AUM) have now increased to Rs 21,345 crore, and customer satisfaction continues to be good,” said founder Kamesh Goyal during the company’s quarterly earnings call.
Health insurance was the second-largest contributor to Go Digit’s revenue, with a net premium of Rs 469.3 crore, a 32.3% jump from Rs 354.6 crore in Q2 FY25.
Meanwhile, the company’s crop insurance premium more than halved to Rs 56 crore in Q2 FY26 from Rs 117.1 crore in the year-ago quarter. Fire insurance premium rose a modest 1% YoY to Rs 30.2 crore, while marine insurance premium increased 5% YoY to Rs 12.5 crore in the September quarter.
Zooming Into Expenses
In line with income growth, Go Digit’s overall expenses rose 9.3% YoY to Rs 2,334.4 crore during the quarter ended September 30, 2025, from Rs 2,136.1 crore in the same quarter last year. Sequentially, expenses increased 13.4% from Rs 2,058.6 crore in Q1 FY26.
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Incurred Claims: Expenses under this head surged 14.2% to Rs 1,524.4 crore during the quarter from Rs 1,334.5 crore in Q2 FY25. Of this, the company spent Rs 1,098.2 crore towards insurance claims and an…
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