Star Health & Allied Insurance Company Ltd Q4FY24; 39% 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 Q4FY24 of ₹3,689.00 Crores up from ₹3,131.00 Crore year on year, a rise of 17.82%.

Total Expenses for Q4FY24 of ₹3,501.00 Crores up from ₹2,996.00 Crores year on year, a rise of 16.86%.

Consolidated Net Profit of ₹142.00 Crores up 39.22% from ₹102.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.43, up 38.86% from ₹1.75 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.