July 28, 2023

Star Health posts 35% growth in Q1 profit after tax

The Times of India
Star Health and Allied Insurance Company Limited on Friday reported a profit after tax (PAT) of Rs 287.8 crore in the quarter ended June 30, 2023, an increase by around 35% compared to the PAT in the corresponding period of last year which was Rs 213.2 crore.
The gross written premium (GWP) of the standalone health insurer rose by around 19.7% to Rs 2,948.6 in the first quarter of FY24 over Rs 2,463.7 as on June 30, 2022.