Star Health and Allied Insurance has released its audited standalone financial results for the quarter and financial year ended March 31, 2026. The company reported a net profit of ₹55.69 crore for the full financial year. The board of directors reviewed and approved these results, which reflect the company’s performance across its health insurance business segments, including retail and group insurance offerings.
Financial Performance Overview
For the financial year ended March 31, 2026, Star Health and Allied Insurance achieved a net profit of ₹55.69 crore. The financial results, which were prepared under the current regulatory accounting standards, demonstrate the company’s operational activities throughout the year. The board of directors confirmed that the audit conducted by their joint statutory auditors resulted in an unmodified opinion, affirming the integrity of the reported financial data.
Quarterly Highlights
In the final quarter (Q4: Jan-Mar 2026), the company recorded a net profit of ₹11.13 crore. The total expenses for the same period stood at ₹444.14 crore. These figures provide a snapshot of the insurer’s final quarter performance as it concluded the financial year 2025-26.
Segment Performance
The company maintains a strong focus on its core health insurance segments. The Health Retail segment remains the primary driver of revenue, contributing ₹15,744.51 crore in net written premiums for the year. The Health Group/Corporate segment generated ₹852.17 crore in the same period. The underwriting profitability for the retail segment reflects the company’s commitment to balancing growth with disciplined risk management.
Strategic Updates
Looking ahead, Star Health has initiated preparations to transition to Indian Accounting Standards (Ind AS) effective from the financial year 2026-27, with April 1, 2025, set as the transition date. Additionally, the company noted that employee benefit provisions were impacted by the implementation of new labour codes during the fiscal year, resulting in an incremental gratuity expense of ₹18.63 crore. The insurer continues to monitor seasonality trends, noting that claim patterns often fluctuate with monsoon-related diseases and year-end premium cycles.
Source: BSE
