Go Digit Q1 FY27 Results: Total Income Up 8%, PAT Falls 38%
Go Digit General Insurance reported steady premium growth in Q1 FY27, but higher underwriting losses and a rise in claims weighed on profitability, leading to a decline in net profit.
Go Digit Q1 Results FY2027: Go Digit General Insurance reported mixed Q1 FY27 results with total income rising 8.25% YoY to ₹2,359.36 crore. However, PAT declined 37.55% to ₹86.39 crore as higher underwriting losses and an elevated incurred claim ratio impacted profitability, despite maintaining a strong solvency ratio.
Go Digit Q1 Results FY2027: On 24 July, Go Digit General Insurance share price opened 5% after the Q1 results. The stock is down 24% year-to-date and 25.27% in one year from 24 July 2025 to 24 July 2026
Go Digit General Insurance reported mixed performance in the first quarter of FY27. Total Income increased 8.25% year-on-year to ₹2,359.36 crore, supported by higher premium income across key business lines. However, profitability declined due to higher underwriting losses and an increase in the incurred claim ratio.
As of 24 July, 9:20 AM
Go Digit General Insurance Q1 FY2027 Results Highlights
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Total Income stood at ₹2,359.36 crore in Q1 FY27, registering 8.25% YoY growth from ₹2,179.46 crore in Q1 FY26. Compared with ₹3,111.71 crore in Q4 FY26, total income declined 24.18%.
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Profit After Tax (PAT) stood at ₹86.39 crore, compared with ₹138.33 crore in Q1 FY26, reflecting a 37.55% YoY decline. Compared with ₹149.42 crore in Q4 FY26, PAT declined 42.18%.
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PAT Margin stood at 3.66%, compared with 6.35% in Q1 FY26 and 4.80% in Q4 FY26, contracting by 269 basis points YoY and 114 basis points.
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Solvency Ratio improved to 2.43x, compared with 2.27x in Q1 FY26 and 2.42x in Q4 FY26, remaining comfortably above the regulatory requirement.
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Incurred Claim Ratio stood at 73.30%, compared with 70.30% in Q1 FY26, increasing by 300 basis points. Compared with 75.20% in Q4 FY26, the ratio improved by 190 basis points.
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Basic EPS stood at ₹0.93, compared with ₹1.50 in Q1 FY26, declining 38.00%. Compared with ₹1.62 in Q4 FY26, EPS declined 42.59%.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Total Income (₹ Cr) |
2,359.36 |
3,111.71 |
-24.18% |
2,179.46 |
8.25% |
|
PAT (₹ Cr) |
86.39 |
149.42 |
-42.18% |
138.33 |
-37.55% |
|
PAT Margin |
3.66% |
4.80% |
-114 bps |
6.35% |
-269 bps |
|
Solvency Ratio (x) |
2.43 |
2.42 |
+0.01x |
2.27 |
+0.16x |
|
Incurred Claim Ratio |
73.30% |
75.20% |
-190 bps |
70.30% |
+300 bps |
|
Basic EPS (₹) |
0.93 |
1.62 |
-42.59% |
1.50 |
-38.00% |
Source: Go Digit General Insurance Q1 FY27 Financial Results
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Go Digit Q1 Segment-wise Performance
The Motor, Health Group & Corporate, and Fire Insurance businesses supported growth in net premium earned during Q1 FY27. While Motor Insurance remained the largest contributor to premium income, the company witnessed strong growth across several niche segments, partly offset by a sharp decline in Crop Insurance.
|
Segment |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Motor Insurance |
1,510.11 |
1,499.73 |
0.69% |
1,429.98 |
5.60% |
|
Health Group & Corporate |
365.79 |
362.52 |
0.90% |
268.54 |
36.21% |
|
Miscellaneous Retail |
32.74 |
30.64 |
6.85% |
25.37 |
29.05% |
|
Fire Insurance |
31.60 |
36.38 |
-13.14% |
12.24 |
158.17% |
|
Miscellaneous Group & Corporate |
22.03 |
22.34 |
-1.39% |
(8.86) |
Turned Positive |
|
Health Retail |
19.74 |
19.34 |
2.07% |
18.77 |
5.17% |
|
Health Government Business |
17.01 |
3.17 |
436.59% |
76.12 |
-77.65% |
|
Crop Insurance |
5.74 |
323.43 |
-98.23% |
45.80 |
-87.47% |
|
Marine Insurance |
2.20 |
3.47 |
-36.60% |
(2.96) |
Turned Positive |
|
Total Net Premium Earned |
2,006.96 |
2,301.02 |
-12.78% |
1,865.00 |
7.61% |
Source: Go Digit General Insurance Q1 FY27 Financial Results