Go Digit General Insurance Reports Audited Financial Results for FY 2026; Announces Key Personnel and Tax Auditor Appointments

Go Digit General Insurance Reports Audited Financial Results for FY 2026; Announces Key Personnel and Tax Auditor Appointments

Go Digit General Insurance Reports Audited Financial Results for FY 2026; Announces Key Personnel and Tax Auditor Appointments​

Go Digit General Insurance Limited today announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The company also finalized the appointment of its new tax auditors and inducted Mr. Ajaysinh Bharatsinh Jadeja as a Senior Managerial Personnel.

During its Board of Directors meeting held on April 28, 2026, the Board approved the financial results for the quarter and full year ended March 31, 2026, based on the recommendation of the Audit Committee. The results were reviewed by joint statutory auditors, PKF Sridhar and Santhanam LLP, Chartered Accountants, and Kirtane & Pandit LLP, Chartered Accountants.

Key Personnel and Auditor Appointments​

The Board also approved the appointment of Mr. Ajaysinh Bharatsinh Jadeja as the Chief Legal Claims and Investigation Officer. This designation classifies him as a Senior Managerial Personnel (SMP) under SEBI Listing Regulations and a Key Management Person (KMP) of the IRDAI with effect from April 28, 2026.

In a governance update, the Board of Directors approved the appointment of M/s. Kirtane & Pandit LLP, Chartered Accountants, to serve as the Tax Auditors of the Company for the financial year 2025-26.

Financial Performance Summary​

The company's operational performance for the period ended March 31, 2026, showed significant figures across various segments.

Key financial metrics for the quarter and year are presented below (figures in Rs. in lakhs):

Particulars3 Months Ended March 31, 20263 Months Ended December 31, 20253 Months Ended March 31, 2025Year ended March 31, 2026Year ended March 31, 2025
Gross Premium Written2,73,5662,90,9182,57,63811,29,40910,28,214
Net Premium Written2,11,3222,14,8202,03,3788,32,1338,23,081
Premium Earned (Net)2,30,1022,16,0112,24,6878,41,4348,04,596
Total Income3,11,1712,49,7692,85,51810,19,7239,47,952
Total Expense2,50,0762,38,6132,42,6129,27,9848,86,495
Operating Profit/(Loss)61,09511,15642,90691,73961,457
Profit/(Loss) before extraordinary items17,25216,29111,56163,16942,494
Profit/(Loss) after tax14,94214,00911,56154,43542,494

The company’s total income stood at 10,19,723 lakhs for the fiscal year ending March 31, 2026, compared to 9,47,952 lakhs for the previous year.

The Profit After Tax reached 54,435 lakhs for the year ending March 31, 2026, marking an increase from 42,494 lakhs reported in the previous year.

Segment Performance​

Segment reporting for the quarter and year ended March 31, 2026, was also reviewed. Across major segments, the financials showed the following trends (Segment Underwriting Profit/Loss, in lakhs):

SegmentYear ended March 31, 2026Year ended March 31, 2025
Fire10,4854,004
Marine952809
Health including Personal Accident(1,748)(1,745)
Motor(1,04,558)(85,661)
Miscellaneous: Retail(204)(2,207)
Miscellaneous: Group, Corporate4,163322
Crop2,4612,096

In the balance sheet as on March 31, 2026, the total liabilities, including current liabilities, stood at 19,91,638 lakhs, compared to 16,79,724 lakhs in the previous year. Total assets were reported at 5,03,588 lakhs.

GODIGIT Stock Price Movement​

Go Digit General Insurance Limited shares today slipped by 0.98% to close at ₹316.80. The stock saw a total volume of 160,012 shares traded during the session.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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