Star Health and Allied Insurance Company Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a net profit of ₹55,698 lakh for the full financial year. The Board of Directors approved these results, which reflect the company’s performance across its health insurance business segments, during their meeting held on April 28, 2026.
Annual Financial Performance
For the financial year ended March 31, 2026, Star Health and Allied Insurance achieved a net profit of ₹55,698 lakh. The company reported Gross Written Premium of ₹18,62,192 lakh for the year. The audited figures highlight the company’s operational growth, with a net profit for the quarter ended March 31, 2026, standing at ₹11,134 lakh.
Segment Analysis
The company continues to maintain a strong focus on its core health insurance segments. The Health Retail segment remains the primary driver, contributing ₹15,74,451 lakh in net written premium for the year. The Health Group/Corporate segment also saw significant activity, contributing ₹85,217 lakh to the annual net written premium.
Strategic Developments
Key highlights from the year include the implementation of new Labour Codes, which resulted in an incremental gratuity expense of ₹18.63 crore. Furthermore, the company has announced its transition to Indian Accounting Standards (Ind AS) starting from the 2026-27 financial year, with a transition date of April 1, 2025. These shifts demonstrate the company’s commitment to evolving regulatory standards and maintaining transparent financial reporting for its stakeholders.
Operational Highlights
The company maintains a healthy solvency ratio of 205%, underscoring its robust capital position. Employee benefits and growth initiatives remain a priority, with the company granting 52,35,764 ESOPs during the fiscal year. As the insurance industry experiences seasonal variations, the company continues to manage claims effectively, reporting a claims paid to claims provision ratio of 90.11% for the full year.
Source: BSE
