Star Health and Allied Insurance Company Ltd

Net profit of Star Health & Allied Insurance Company declined 99.64% to Rs 0.51 crore in the quarter ended March 2025 as against Rs 142.32 crore during the previous quarter ended March 2024. Sales rose 11.87% to Rs 3798.32 crore in the quarter ended March 2025 as against Rs 3395.33 crore during the previous quarter ended March 2024. For the full year,net profit declined 23.57% to Rs 645.86 crore in the year ended March 2025 as against Rs 845.01 crore during the previous year ended March 2024. Sales rose 14.56% to Rs 14822.20 crore in the year ended March 2025 as against Rs 12938.27 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3798.323395.33 12 14822.2012938.27 15 OPM %-0.195.49 -5.738.68 - PBDT-0.87189.73 PL 861.051128.85 -24 PBT-0.87189.73 PL 861.051128.85 -24 NP0.51142.32 -100 645.86845.01 -24 Powered by Capital Market - Live

Star Health & Allied Insurance Company (Star Health) has partnered with Sunrisers Hyderabad (SRH) as their official health insurance partner for the ongoing T20 League 2025. Star Health Insurance has launched a brand campaign featuring Sunrisers Hyderabad players Ishan Kishan, Jaydev Unadkat, Rahul Chahar, and Harshal Patel to engage fans and build awareness around the importance of everyday wellness and the need for health insurance for all. Commenting on the partnership, Anand Roy, MD & CEO, Star Health Insurance, said, 'We are delighted to associate with Sunrisers Hyderabad in this T20 league, as this partnership perfectly reflects our three core values: customer centricity, trust and transparency. This league which is in its 18th season, is not just a celebration of cricket, but also a platform that brings together millions of people across the country, echoing our commitment to putting customers at the heart of everything we do. Just as the players and teams earn the trust of their fans through dedication and integrity, we strive to build lasting trust with our customers through reliable service and transparent processes. This collaboration is a testament to our shared belief in these values, both on the pitch and in everyday life, and we look forward to supporting the team and the tournament while championing what matters most to our customers.'Powered by Capital Market - Live

Star Health & Allied Insurance Co. will hold a meeting of the Board of Directors of the Company on 29 April 2025.Powered by Capital Market - Live

Star Health & Allied Insurance Company (Star Health Insurance) becomes the country's largest Home Health Care (HHC) provider by expanding its HHC initiative to 100 locations across India. The program, launched in July 2023, now serves over 85% of Star Health Insurance's customer base, offering cashless doorstep medical care within 3 hours with no out-of-pocket expenses. Improves accessibility, availability and affordability of healthcare in Bharat. The HHC program provides timely medical care to patients recovering from infectious diseases. Under the program, a partner doctor visits the patient's home to assess their condition, conduct a diagnosis, and provide necessary treatment if hospitalization is deemed unnecessary for the symptoms, with regular in-person followups. If needed, based on severity, the doctor may recommend hospitalization, though less than 1% of patients have required this escalation.Powered by Capital Market - Live

Star Health and Allied Insurance Company (Star Health Insurance) has secured the highest sustainability score among insurance companies in the Indian Insurance sector in S&P Global Corporate Sustainability Assessment. Star Health Insurance becomes India's most sustainable insurance company 2024 in the S&P Global Corporate Sustainability Assessment (CSA). The Company has secured a score of 53 based on the robust Environmental, Social, and Governance (ESG) parameters. This accomplishment highlights the Company's constant focus on sustainable practices, transparency and fostering a strong ESG culture. The remarkable 10-point improvement in the score highlights Star Health's progress in key areas such as corporate governance, human capital management and climate strategy. This recognition reflects the company's commitment to integrating ESG principles into its operations and ensuring long-term value for all stakeholders.Powered by Capital Market - Live

Net profit of Star Health & Allied Insurance Company declined 25.70% to Rs 215.14 crore in the quarter ended December 2024 as against Rs 289.56 crore during the previous quarter ended December 2023. Sales rose 15.37% to Rs 3799.68 crore in the quarter ended December 2024 as against Rs 3293.61 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3799.683293.61 15 OPM %7.5111.75 - PBDT286.96387.67 -26 PBT286.96387.67 -26 NP215.14289.56 -26 Powered by Capital Market - Live

Star Health & Allied Insurance Co. will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a show cause notice to Star Health and Allied Insurance Company for alleged violations of various IRDAI regulations and guidelines. The notice follows an inspection IRDAI conducted for the period from January 31, 2022 to February 11, 2022 and the observations it made pertaining to the company's business and operational aspects. The company is in the process of submitting response to the observations, Star Health said in filing. The company has been advised to reply within 21 days from the date of receipt of the notice along with supporting documents. It is in the process of providing adequate replies to the alleged violations and believes that there will not be any impact. However, the outcome and related implications cannot be predicted with certainty at this stage, the insurer said. The company was undertaking internal assessments with regard to the impact because of the show cause notice. Star Health is a standalone health insurer, offering a variety of products including health, personal accident, and travel insurance. The company has a strong distribution network and have settled over 1 crore claims. In FY24, they reported a gross written premium of Rs 15,254 crore and a net worth of Rs 6,339 crore. The company's net profit fell 11.18% to Rs 111.29 crore on 17.2% increase in total income to Rs 4060.62 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

KIOCL Ltd, Sun TV Network Ltd, Rainbow Childrens Medicare Ltd, Poly Medicure Ltd are among the other stocks to see a surge in volumes on BSE today, 04 November 2024.Star Health & Allied Insurance Company Ltd witnessed volume of 92351 shares by 10:47 IST on BSE, a 3.8 times surge over two-week average daily volume of 24287 shares. The stock dropped 3.80% to Rs.493.15. Volumes stood at 8336 shares in the last session.KIOCL Ltd notched up volume of 19145 shares by 10:47 IST on BSE, a 3.53 fold spurt over two-week average daily volume of 5423 shares. The stock slipped 5.84% to Rs.316.00. Volumes stood at 354 shares in the last session.Sun TV Network Ltd clocked volume of 27212 shares by 10:47 IST on BSE, a 3.19 times surge over two-week average daily volume of 8520 shares. The stock lost 3.00% to Rs.734.05. Volumes stood at 6421 shares in the last session.Rainbow Childrens Medicare Ltd clocked volume of 38289 shares by 10:47 IST on BSE, a 2.47 times surge over two-week average daily volume of 15530 shares. The stock gained 3.14% to Rs.1,598.20. Volumes stood at 9697 shares in the last session.Poly Medicure Ltd notched up volume of 27974 shares by 10:47 IST on BSE, a 2.06 fold spurt over two-week average daily volume of 13567 shares. The stock slipped 7.95% to Rs.2,911.35. Volumes stood at 23340 shares in the last session.Powered by Capital Market - Live

Net profit of Star Health & Allied Insurance Company declined 11.18% to Rs 111.29 crore in the quarter ended September 2024 as against Rs 125.30 crore during the previous quarter ended September 2023. Sales rose 15.54% to Rs 3703.88 crore in the quarter ended September 2024 as against Rs 3205.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3703.883205.58 16 OPM %3.965.16 - PBDT148.80167.11 -11 PBT148.80167.11 -11 NP111.29125.30 -11 Powered by Capital Market - Live