Tech
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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