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The income from operation of General Insurance Corporation
of India increased 11.65% to Rs 11273.88 crore in Q1FY2026. Overall OPM has
increased to 23.11% in Q1FY2026 from 14.59% in Q1FY2025, leading to 76.84% rise
in operating profit to Rs 2,604.98 crore. Other expenditure as a percentage of
total income moved down to 76.26% from 84.38% in Q1FY2026. The staff cost as a
percentage of total income declined to 0.33% from 0.41% in Q1FY2026. The
provisions as percentage of total income declined to 0.30% from 0.62% in
Q1FY2026.
Other income increased 243.82% to Rs 58.69 crore. Interest
cost remained nil. PBT moved up 78.76% to Rs 2,663.67 crore.
The effective tax rate declined to 18.43% in Q1FY2026
compared to 24.72% in Q1FY2025. Provision for tax was expense of Rs 490.9
crore, compared to Rs 368.36 crore. Profit after tax rose 93.69% to Rs 2,172.77
crore.
Profit attributable to non-controlling interest was nil in
both the periods. The share of profit of associate companies increased 28.30%
to Rs 357.82 crore. Finally, Net profit attributable to owners moved up 80.67%
to Rs 2,530.59 crore.
Full year results analysis
The income from operation of General Insurance Corporation
of India increased 8.92% to Rs 36711.83 crore in FY2025. Overall OPM has
increased to 23.92% in FY2025 from 22.13% in FY2024, leading to 17.70% rise in
operating profit to Rs 8,780.24 crore. The provisions as percentage of total
income declined to 0.37% from 0.45% in FY2025. Other expenditure as a
percentage of total income moved down to 75.23% from 76.76% in FY2025. The
staff cost as a percentage of total income declined to 0.49% from 0.66% in
FY2025.
Other income declined 30.28% to Rs 324.4 crore. Interest
cost remained nil. Profit before tax increased 14.89% to Rs 9,104.64 crore. There
is no extraordinary item. After which, PBT increased 14.89% to Rs 9,104.64
crore.
The effective tax rate increased to 23.40% in FY2025
compared to 17.88% in FY2024. Provision for tax was expense of Rs 2130.68
crore, compared to Rs 1416.76 crore. Profit after tax rose 7.16% to Rs 6,973.96
crore.
Profit attributable to non-controlling interest was nil in
both the periods. The share of profit of associate companies increased 157.63%
to Rs 457.88 crore. Finally, Net profit attributable to owners rose 11.16% yoy
to Rs 7,431.84 crore in FY2025.
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General Insurance Corporation of India:
Consolidated Results
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Particulars
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2506 (3)
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2406 (3)
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Var %
|
2503 (12)
|
2403 (12)
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Var %
|
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Income from Operations
|
11273.88
|
10097.61
|
12
|
36711.83
|
33704.72
|
9
|
|
OPM (%)
|
23.11
|
14.59
|
852 bps
|
23.92
|
22.13
|
178 bps
|
|
OP
|
2604.98
|
1473.05
|
77
|
8780.24
|
7459.65
|
18
|
|
Other Inc.
|
58.69
|
17.07
|
244
|
324.40
|
465.26
|
-30
|
|
PBDIT
|
2663.67
|
1490.12
|
79
|
9104.64
|
7924.91
|
15
|
|
Interest
|
0.00
|
0.00
|
-
|
0.00
|
0.00
|
-
|
|
PBDT
|
2663.67
|
1490.12
|
79
|
9104.64
|
7924.91
|
15
|
|
Depreciation
|
0.00
|
0.00
|
-
|
0.00
|
0.00
|
-
|
|
PBT
|
2663.67
|
1490.12
|
79
|
9104.64
|
7924.91
|
15
|
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Tax Expenses
|
490.90
|
368.36
|
33
|
2130.68
|
1416.76
|
50
|
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PAT
|
2172.77
|
1121.76
|
94
|
6973.96
|
6508.15
|
7
|
|
Profit attributable to non-controlling
interest
|
0.00
|
0.00
|
-
|
0.00
|
0.00
|
-
|
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Share of Profit/(Loss) from Associates
|
357.82
|
278.90
|
28
|
457.88
|
177.73
|
158
|
|
Net profit attributable to owners
|
2530.59
|
1400.66
|
81
|
7431.84
|
6685.88
|
11
|
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EPS (Rs)*
|
57.7
|
31.9
|
|
42.4
|
38.1
|
|
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* Annualised on current equity of Rs 877.20
crore, Face value of Rs 5, Excluding extraordinary items.
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Figures in Rs crore
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Source: Capitaline Corporate Database
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