Star Health and Allied Insurance Company Limited has informed the Exchange about declaration of financial results for the quarter and financial year ended March 31, 2026
STARHEALTH · price
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Star Health and Allied Insurance Company Limited reported audited standalone financial results for FY2026. Net Written Premium grew to Rs 17,65,025 lakhs from Rs 15,52,522 lakhs in FY2025, representing a 13.7% increase. The company turned profitable with Net Profit After Tax of Rs 11,134 lakhs compared to just Rs 51 lakhs in the previous year. Basic EPS improved significantly from Rs 0.01 to Rs 9.47. Operating profit was Rs 36,261 lakhs (vs Rs 39,332 lakhs), while the Incurred Claims Ratio improved to 65.05% from 70.70%. Expenses of Management ratio improved to 30.76% from 33.92%. Joint statutory auditors M S K A & Associates LLP and T R Chadha & Co LLP issued an unmodified opinion on the financial results.
The company achieved a remarkable turnaround from near-zero profitability to strong profit growth, driven by premium growth and improved claims and expense management. The unmodified audit opinion confirms the accuracy of these results, which should be positive for investor sentiment.