Shriram General Insurance reported a 28% year-on-year growth in net profit at ₹167 crore in the January-March quarter of FY26, driven by higher premium income.
The company’s net profit in the fourth quarter of FY25 stood at ₹130 crore.
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For the full FY26 fiscal, Shriram General Insurance saw its net profit rise 17% to ₹601 crore from ₹515 crore recorded in FY25.
The insurer logged a 21% year-on-year rise in gross direct premium income in the fourth quarter of FY26, outperforming the general insurance industry’s growth rate of 11%.
Gross direct premium income rose to ₹1,332 crore in the quarter under review from ₹1,099 crore recorded in the corresponding period of the preceding fiscal year.
This growth was driven mainly by the company’s motor insurance portfolio.
For the full 2025-26 fiscal, Shriram General Insurance posted a 24% increase in premium income to ₹4,636 crore, compared with ₹3,753 crore in FY25.
The industry growth during the period stood at around 9%.
The company’s motor insurance business, its largest contributor to premium income, grew 21.48% in Q4FY26 to ₹1,252.66 crore from ₹1,031.17 crore in the year-ago period.
For the full fiscal, the motor segment expanded 23.43% to ₹4,293 crore.
Anil Aggarwal, Managing Director and CEO of Shriram General Insurance, said the company outperformed industry growth for the fourth consecutive year despite a competitive market environment.
“Our FY26 performance reflects the strength of our business model and our focus on profitable and sustainable growth,” Aggarwal said.
The company’s performance was announced on Wednesday at 9:45 PM IST.
In a statement, the company noted that its strong growth was a result of its efforts to expand its customer base and improve its services.
On the company’s future plans, Aggarwal did not provide specific details, but emphasized the importance of continuing to focus on sustainable growth.
Shriram General Insurance’s Financial Performance
The company’s financial performance for the fourth quarter of FY26 was strong, with a significant increase in net profit and premium income.
The insurer’s gross direct premium income rose to ₹1,332 crore in the quarter, driven by growth in its motor insurance portfolio.
The company’s motor insurance business accounted for the largest share of its premium income, with a growth rate of 21.48% in Q4FY26.
Comparison with Industry Growth
Shriram General Insurance‘s growth rate outperformed the general insurance industry’s growth rate of 11% in the fourth quarter of FY26.
The company’s premium income growth rate of 24% for the full 2025-26 fiscal also exceeded the industry growth rate of around 9% during the same period.
The company’s strong performance was driven by its focus on profitable and sustainable growth, according to Anil Aggarwal.
In the fourth quarter of FY26, the company’s net profit rose to ₹167 crore, representing a 28% year-on-year growth.
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