The expenses of the insurer rose by nearly 9.39 per cent Y-o-Y to ₹2,426.12 crore
For the full financial year 2024-25, the company's profit after tax surged by 133.5 per cent to Rs 425 crore, compared to Rs 182 crore in FY24
Go Digit share price: Go Digit made its stock market debut on May 23, 2024 with a 5 per cent premium over the IPO price of Rs 272 per share
Go Digit reported a significant 74.1 per cent year-on-year (Y-o-Y) increase in net profit for the third quarter ending December 31, 2024 (Q3FY25)
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 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.