Star Health and Allied Insurance Company Ltd Q1 FY26 Results
STARHEALTHQ1 FY26 ResultsAnnounced 29 Jul 2025, 06:37 pm| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 4.1K | 3.3% |
| Total Income | 4.1K | 3.2% |
| Expenditure | 3.9K | 5.1% |
| PBT | 352.02 | 40562.1% |
| Net Profit | 262.52 | 51374.5% |
| OPM | 6.04% | 8.22pp |
| NPM | 6.38% | 6.37pp |
| EPS | 4.47 | 44600.0% |
Star Health Insurance Reports Strong Performance Q1FY26: PAT Grows 44% to INR 438 Cr, Premium Grows 13%
29 Jul 2025 · 29 Jul 2025, 08:34 pm
Summary
Star Health and Allied Insurance Company Ltd. (Star Health Insurance) reported its Q1FY26 financial results, with a 13% year-on-year increase in Gross Written Premium (GWP) to INR 3,936 crores and a 44% increase in Profit After Tax (PAT) to INR 438 crore as per IFRS. The company's combined ratio on an IFRS basis was 99.6% for Q1FY26. Retail Health continues to anchor the company's performance, contributing INR 3,667 crore to GWP in Q1FY26, with retail GWP growing 18% YoY.
Key Highlights
- 1
Star Health Insurance recorded a GWP of INR 3,936 crores in Q1FY26, representing 13% year-on-year growth
- 2
The Company’s Profit After Tax (PAT) stood at INR 438 crore as per IFRS, marking a 44% increase over the same period last year
- 3
Claims NPS improved to 57, up from 45.8 last year
- 4
Retail GWP grew 18% YoY, with fresh retail premiums rising 25%
- 5
Customer app of Star Health saw 11 million downloads
- 6
New product launches like Super Star and Star Flexi are gaining traction and collected more than INR 1000 crore premium in the last 12 months
Management Comments
Mr. Anand Roy
We have started FY26 on a steady note, with encouraging growth across our core segments and visible gains from the structural changes we initiated over the past two years. During the quarter we stayed prudent in our risk selection, made critical pricing and underwriting changes and improved our claims service experience. The agency channel continues to be the backbone of our business, supported by digital, banca and SME Group business. Our digital business has scaled well and is shaping up as a profitable growth engine. Our investments in technology, automation and fraud analytics continue to drive better outcomes for us.
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