Mumbai, Oct 28 (IANS) Star Health and Allied Insurance Company on Tuesday reported a sharp over 50 per cent decline in its net profit to Rs 54.9 crore for the second quarter of the current financial year (Q2 FY26), compared to Rs 110 crore in the same period last year.

The health insurer, however, registered healthy revenue growth (premium earned net), which rose 10.27 per cent year-on-year to Rs 4,080 crore from Rs 3,700 crore in the corresponding quarter of the previous fiscal.

The fall in profitability comes despite improved topline performance, suggesting pressure on margins likely due to higher claim ratios and increased operating expenses.

The total expenses for the quarter stood at Rs 4,284.9 crore, up over 9 per cent YoY from Rs 3,898.5 crore, and over 10 per cent QoQ from Rs 3,

See Full Page