Go Digit Q4 Profit Zooms 120% YoY To INR 116 Cr

Share via:


Insurtech company Go Digit General Insurance’s profit after tax (PAT) zoomed 119% to INR 115.6 Cr in the fourth quarter (Q4) of the fiscal year 2024-25 (FY25) from INR 52.7 Cr in the year-ago quarter on the back of healthy insurance premium collection.

However, profit declined 2.5% from INR 118.5 Cr on a quarter-on-quarter basis.

Founded in 2017 by Kamesh Goyal, Go Digit General Insurance is a full-stack digital insurance company. It offers a wide range of non-life insurance policies across…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Go Digit Q4 Profit Zooms 120% YoY To INR 116 Cr


Insurtech company Go Digit General Insurance’s profit after tax (PAT) zoomed 119% to INR 115.6 Cr in the fourth quarter (Q4) of the fiscal year 2024-25 (FY25) from INR 52.7 Cr in the year-ago quarter on the back of healthy insurance premium collection.

However, profit declined 2.5% from INR 118.5 Cr on a quarter-on-quarter basis.

Founded in 2017 by Kamesh Goyal, Go Digit General Insurance is a full-stack digital insurance company. It offers a wide range of non-life insurance policies across…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Running AI Workloads Responsibly in the Cloud

AI exists everywhere, from personal assistants to autonomous...

Dream Sports To Invest $50 Mn In Cricbuzz &...

SUMMARY As a part of this investment, Dream Sports...

Capillary Acquires Kognitiv To Expand Global Footprint

SUMMARY Capillary said that the deal will enable it...

Popular

Upcoming Events

Apple to develop brain-computer interface, following path laid by...

Apple is stepping into the brain-computer interface (BCI)...

Netflix says ad-supported tier is doing really well

When Netflix introduced its ad-supported tier in late...

Apple supplier Foxconn cuts outlook due to tariff uncertainty

Taiwan's Foxconn, the world's largest contract electronics maker,...
fas fas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas