HomeStartupsGo Digit hits second year of profit in FY24, shares surge

Go Digit hits second year of profit in FY24, shares surge

Published on

spot_img
msid 110942821,imgsize 21190

The company’s shares were up nearly 10% in the early trade on Wednesday, the stock closed at Rs 341,75, up 1% from the previous day. In the last quarter of FY24, Go Digit reported Rs 2,336 crore worth of gross premium collected, up 19.4% from Rs 1,955 crore in the prior quarter. For the full year, the company collected Rs 9,016 crore in premiums, marking a 24% rise from Rs 7,243 crore in FY23.

Latest articles

HCLTech CEO Vijayakumar salary climbed to over $10 million

This makes Vijaykumar the second highest paid CEO of an Indian IT company after...

Economic Survey: India saw tech startup surge post Covid pandemic

Economic Survey highlighted, startups recognised by the government - more than 1.17 lakh as...

India’s pet retail on its way up as Upstox founders invest in pet brand ‘Pet Warehouse’

Pet Warehouse, founded November 2021 in Bengaluru, secured funds from Upstox's Ravi Kumar and...

Edtech startup Adda247 unveils first ever Esop buyback

Google-backed edtech startup Adda247, founder and chief executive Anil Nagar said that this employee...

More like this

HCLTech CEO Vijayakumar salary climbed to over $10 million

This makes Vijaykumar the second highest paid CEO of an Indian IT company after...

Economic Survey: India saw tech startup surge post Covid pandemic

Economic Survey highlighted, startups recognised by the government - more than 1.17 lakh as...

India’s pet retail on its way up as Upstox founders invest in pet brand ‘Pet Warehouse’

Pet Warehouse, founded November 2021 in Bengaluru, secured funds from Upstox's Ravi Kumar and...