General Insurance Corporation of India's Q1 FY 2025-26 Quarterly Results
- 08 Aug 2025
Result Summary
- General Insurance Corporation of India reported a 41.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.8%.
- Its expenses for the quarter were up by 73.8% QoQ and 4.3% YoY.
- The net profit decreased 1.9% QoQ and increased 80.7% YoY.
- The earnings per share (EPS) of General Insurance Corporation of India stood at 14.4 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
Total Income | 14681.95 | 10385.58 | 12903.54 | 41.4% | 13.8% |
Total Expenses | 11841.32 | 6814.11 | 11355.16 | 73.8% | 4.3% |
Profit Before Tax | 2807.15 | 3683.23 | 1490.14 | -23.8% | 88.4% |
Tax | 490.90 | 541.60 | 368.38 | -9.4% | 33.3% |
Profit After Tax | 2530.59 | 2580.42 | 1400.66 | -1.9% | 80.7% |
Earnings Per Share | 14.40 | 14.70 | 8.00 | -2.0% | 80.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
The General Insurance Corporation of India (GIC Re) is a leading reinsurance company in India. It primarily operates in the insurance and reinsurance industry, providing a range of products and services that include property, motor, life, health, agriculture, marine, liability, and aviation reinsurance. GIC Re plays a crucial role in the Indian insurance market by offering risk management solutions and acting as a stabilizer for primary insurers. The company has a significant presence in both domestic and international markets, although specific recent developments about the company are not provided in the data available.
Revenue
In the first quarter of the fiscal year 2026 (Q1FY26), the General Insurance Corporation of India reported a total income of ₹14,681.95 crore. This represents a substantial quarter-over-quarter (QoQ) increase of 41.4% compared to the ₹10,385.58 crore recorded in the fourth quarter of the fiscal year 2025 (Q4FY25). Additionally, there is a year-over-year (YoY) growth of 13.8% when compared to the ₹12,903.54 crore reported in the first quarter of the fiscal year 2025 (Q1FY25). This significant increase in total income highlights a robust revenue performance for the quarter under review.
Profitability
The company's profitability metrics demonstrate notable changes over the specified periods. Profit Before Tax (PBT) for Q1FY26 was ₹2,807.15 crore, reflecting a decrease of 23.8% QoQ from ₹3,683.23 crore in Q4FY25, while showing a remarkable YoY increase of 88.4% from ₹1,490.14 crore in Q1FY25. The Tax expense also saw a reduction of 9.4% QoQ, amounting to ₹490.90 crore in Q1FY26, although it increased 33.3% YoY from ₹368.38 crore in Q1FY25. Profit After Tax (PAT) stood at ₹2,530.59 crore in Q1FY26, slightly down by 1.9% QoQ from ₹2,580.42 crore in Q4FY25, yet significantly up by 80.7% YoY compared to ₹1,400.66 crore in Q1FY25. Earnings Per Share (EPS) decreased marginally by 2.0% QoQ to ₹14.40 from ₹14.70, while it increased by 80.0% YoY from ₹8.00 in Q1FY25.
Operating Metrics
The total expenses for Q1FY26 were ₹11,841.32 crore, which represents a substantial increase of 73.8% QoQ from ₹6,814.11 crore in Q4FY25, and a 4.3% increase YoY from ₹11,355.16 crore in Q1FY25. This uptick in expenses reflects operational dynamics over the quarter. The earnings per share, a key indicator of shareholder value, stood at ₹14.40 for Q1FY26, showing a slight decrease from the previous quarter but a strong increase compared to the same quarter last year. These metrics provide insight into the operational costs and shareholder returns for the General Insurance Corporation of India during the quarter.