Chennai: Shriram General Insurance Company (SGI) has reported a strong financial performance for the fiscal year 2025-26, with gross direct premium (GDP) growing by 24% to reach Rs 4,635 crore, compared to Rs 3,753 crore in the previous fiscal year (2024-25). The company's net profit for FY26 rose to Rs 601 crore from Rs 515 crore in FY25, marking a 17% year-on-year increase.
Q4 Performance Highlights
In the fourth quarter of FY26, the company's net profit increased by 28% to Rs 167 crore, up from Rs 130 crore in the same period last year. This growth was driven by robust performance in the motor portfolio, disciplined underwriting, and improved claims servicing capabilities.
Active Policies and Distribution Reach
The company's active policies grew to 69 lakh as of March 2026, compared to 65 lakh in the previous year, reflecting deeper distribution reach and customer trust.
Anil Aggarwal, Managing Director and CEO of Shriram General Insurance, commented, "Our motor portfolio remained the key growth driver for the last quarter, supported by disciplined underwriting, deeper distribution reach, and stronger claims servicing capabilities."
The company continues to focus on expanding its presence in the general insurance segment, leveraging technology and a strong distribution network to enhance customer experience and operational efficiency.
