CatalystIndia

Star Health and Allied Insurance reports 232% profit surge at Rs 264.4 crore

232% profit surge to Rs 264.4 crore signals strong earnings catalyst.

Context

What happened: Star Health and Allied Insurance reported a net profit of Rs 264.4 crore for the September quarter of FY27, up 232% from Rs 79.6 crore in the same quarter last year. Key numbers: Q2 FY27 net profit Rs 264.4 crore, up 232% from Rs 79.6 crore year on year. Claims ratio improved to 69%. H1 FY27 net profit Rs 814.6 crore versus Rs 517 crore. Why it matters: The company's claims ratio improved to 69%, indicating a reduced claims burden compared to previous periods, alongside the profit increase.

What changed

Star Health and Allied Insurance reported a net profit of Rs 264.4 crore for the September quarter of FY27, up 232% from Rs 79.6 crore in the same quarter last year.

Why it matters

The company's claims ratio improved to 69%, indicating a reduced claims burden compared to previous periods, alongside the profit increase.

Sources

economictimes