Star Health Insurance Q1 Results: Net profit rises 35% to Rs 288 crore

Star Health and Allied Insurance on Friday reported a 35 per cent increase in net profit to Rs 288 crore for the June 2023 quarter.

Star Health Insurance Q1 Results: Net profit rises 35% to Rs 288 crore
The company's total income during the June quarter rose to Rs 3,190 crore against Rs 2,809 crore in the year-ago period, Start Health said in a regulatory filing. Image Source: starhealth.in

Star Health and Allied Insurance on Friday reported a 35 per cent increase in net profit to Rs 288 crore for the June 2023 quarter. The standalone health insurer posted a net profit of Rs 213 crore during the April-June period of 2022-23.

The company's total income during the June quarter rose to Rs 3,190 crore against Rs 2,809 crore in the year-ago period, Start Health said in a regulatory filing.

Gross written premium increased to Rs 2,949 crore in Q1 FY24 compared to Rs 2,464 crore in the same period a year ago.

 

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Written By: PTI
Updated: Sat, Jul 29, 2023
11:07 AM IST
New Delhi, PTI
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