Go Digit General Insurance Reports Strong Q3 FY24-25 Results with Significant Profit Growth

Go Digit General Insurance has reported its financial results for the third quarter of FY24-25, highlighting notable advancements across several key metrics. The company announced its results on January 22, 2025, showcasing a significant rise in Profit Before Tax (PBT), which reached Rs 118.45 crore, a substantial shift compared to the average PBT of Rs -45.46 crore from the previous four quarters.
Profit After Tax (PAT) also demonstrated considerable growth, reported at Rs 118.52 crore, which is a marked change from the average PAT of Rs 71.59 crore over the last four quarters. Furthermore, Go Digit General achieved its highest net sales in the past five quarters, totaling Rs 2,436.38 crore.

The company’s operating profit, recorded at Rs 118.45 crore, along with an operating profit margin of 4.86%, represents the highest levels observed in the last five quarters, suggesting enhanced operational efficiency. Earnings per share (EPS) reached Rs 1.29, indicating a positive shift in profitability and increased earnings for shareholders.

In light of these developments, Go Digit General Insurance has undergone an adjustment in its evaluation, reflecting the company's strong performance in this reporting period.

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