GICRE announces cessation of MD & CEO,
General Insurance Corporation of India announced that Ashwani Kumar has ceased to be MD & CEO of UCO Bank on completion of his tenure on 31 May 2026 and accordingly has ceased to be Non- Executive Director on the Board of the Corporation w.e.f. 31 May 2026.
General Insurance Corporation of India consolidated net profit rises 1.35% in the March 2026 quarter,
Net profit of General Insurance Corporation of India rose 1.35% to Rs 2532.59 crore in the quarter ended March 2026 as against Rs 2498.86 crore during the previous quarter ended March 2025. Sales rose 7.17% to Rs 9913.56 crore in the quarter ended March 2026 as against Rs 9250.02 crore during the previous quarter ended March 2025.For the full year,net profit rose 30.01% to Rs 9662.37 crore in the year ended March 2026 as against Rs 7431.84 crore during the previous year ended March 2025. Sales rose 8.26% to Rs 39743.31 crore in the year ended March 2026 as against Rs 36711.83 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales9913.569250.02 7 39743.3136711.83 8 OPM %24.8432.41 -25.3923.92 - PBDT3107.613143.81 -1 11483.639104.64 26 PBT3107.613143.81 -1 11446.699104.64 26 NP2532.592498.86 1 9662.377431.84 30 Powered by Capital Market - Live News
General Insurance Corporation of India standalone net profit rises 3.27% in the March 2026 quarter,
Net profit of General Insurance Corporation of India rose 3.27% to Rs 2254.24 crore in the quarter ended March 2026 as against Rs 2182.89 crore during the previous quarter ended March 2025. Sales rose 12.73% to Rs 9785.06 crore in the quarter ended March 2026 as against Rs 8680.15 crore during the previous quarter ended March 2025.For the full year,net profit rose 25.23% to Rs 8392.18 crore in the year ended March 2026 as against Rs 6701.36 crore during the previous year ended March 2025. Sales rose 8.99% to Rs 39378.35 crore in the year ended March 2026 as against Rs 36130.26 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales9785.068680.15 13 39378.3536130.26 9 OPM %23.7331.98 -23.8523.35 - PBDT2960.042922.66 1 10793.268765.64 23 PBT2960.042922.66 1 10793.268765.64 23 NP2254.242182.89 3 8392.186701.36 25 Powered by Capital Market - Live News
Board of General Insurance Corporation of India recommends final dividend,
General Insurance Corporation of India announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 13.25 per equity Share (i.e. 265%) , subject to the approval of the shareholders.
General Insurance Corporation of India announces board meeting date,
General Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 26 May 2026.
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