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Go Digit Q3 net profit surges nearly 3-fold to Rs 119 crore

by AIP Online Bureau | Jan 22, 2025 | Data, Indian News, Non-Life | 0 comments

The insurer’s combined Ratio for Q3 2025 is 108.1%, as compared to 110.3% in Q3 2024

New Delhi: General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024.

The Fairfax-backed company had earned a net profit of Rs 43 crore in the same period a year ago.

The insurer’s Combined Ratio for Q3 2025 is 108.1%, as compared to 110.3% in Q3 2024. The loss ratio of the company is at 72.90 per cent during the reporting quarter as compared to 74.5 per cent in the year-ago period,

The gross written premium for the quarter rose to Rs 2,677 crore against Rs 2,428 crore in the year-ago period, Go Digit said in a regulatory filing.

As at December 31, 2024, the assets under management stood at Rs 18,939 crore, compared to Rs 15,764 crore at the end of March 31, 2024.

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