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. It is the total total premium amount collected by the insurer before any deduction including new business and renewals during a period. It’s the topline for an insurer.

Meanwhile, the insurtech 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.

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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.

In FY25, third-party motor insurance remained Go Digit’s largest vertical by gross written premium, but its growth rate plunged to just 3% (from 11% in FY24), well below the industry’s 9% expansion. By contrast, health, travel and personal accident—tied with Motor Own Damage as the company’s second-largest vertical—grew 30% in FY25 (down from 80% in FY24), yet still comfortably outpaced the industry average of 9%.

(The copy was updated with additional information.)