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Star Health & Allied Insurance Company Ltd Q1FY25; 11% rise in Profits

Star Health & Allied Insurance Ltd (Star) is India’s first Standalone Health Insurance provider and is the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market in FY21 with leadership in the attractive retail health segment.

Financial Results:

Star Health & Allied Insurance Company Ltd reported Revenues for Q1FY25 of ₹3,816.00 Crores up from ₹3,293.00 Crore year on year, a rise of 15.88%.

Total Expenses for Q1FY25 of ₹3,391.00 Crores up from ₹2,909.00 Crores year on year, a rise of 16.57%.

Consolidated Net Profit of ₹319.00 Crores up 10.76% from ₹288.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.45, up 10.10% from ₹4.95 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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