Go Digit General Insurance doubles net profit in Q4 FY25; posts third straight profitable year

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Go Digit General Insurance reported strong financial growth for the fourth quarter of FY25, with net profit more than doubling to Rs 115.6 crore from Rs 52.6 crore a year earlier, with the Bengaluru-based insurance company reining in its expenses.The Fairfax-backed new-age insurance startup, which went public on May 23 last year, marked its third consecutive profitable year, with net profit for FY25 rising nearly threefold to Rs 424 crore, according to stock exchange filings.

While its total income rose 6% year-on-year (YoY) to Rs 2,855 crore in the…



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Go Digit General Insurance doubles net profit in Q4 FY25; posts third straight profitable year


Go Digit General Insurance reported strong financial growth for the fourth quarter of FY25, with net profit more than doubling to Rs 115.6 crore from Rs 52.6 crore a year earlier, with the Bengaluru-based insurance company reining in its expenses.The Fairfax-backed new-age insurance startup, which went public on May 23 last year, marked its third consecutive profitable year, with net profit for FY25 rising nearly threefold to Rs 424 crore, according to stock exchange filings.

While its total income rose 6% year-on-year (YoY) to Rs 2,855 crore in the…



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.

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