Go Digit Q2 Profit Falls 31% To ₹142 Cr
Insurtech Go Digit reported a 31.1% year-on-year (YoY) decline in its net profit for the September quarter (Q2 FY27) to…
Insurtech company Go Digit experienced a 31% decrease in net profit for Q2 FY27, falling to ₹142.4 Cr, down from ₹206.8 Cr in the same quarter last year. While insurance revenue increased marginally by 1.7% to ₹2,720.5 Cr, sequential insurance revenue rose 2.1%. Motor Third Party (TP) and Motor Own Damage (OD) insurance saw revenue growth of 8.3% and 11.4% respectively.
However, the company's insurance service result declined sharply by 73.4% YoY to ₹43 Cr, while insurance service expenses surged 22.4% YoY to ₹2,607.73 Cr. This decline impacted the profit before tax, which fell 31.2% YoY to ₹190.18 Cr from ₹276.30 Cr in Q2 FY26.
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