Latest News | Star Health Insurance Q1 Net Profit Rises 35 Pc to Rs 288 Cr

Get latest articles and stories on Latest News at LatestLY. Star Health and Allied Insurance on Friday reported a 35 per cent increase in net profit to Rs 288 crore for the June 2023 quarter.

New Delhi, Jul 28 (PTI) Star Health and Allied Insurance on Friday reported a 35 per cent increase in net profit to Rs 288 crore for the June 2023 quarter.

The standalone health insurer posted a net profit of Rs 213 crore during the April-June period of 2022-23.

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The company's total income during the June quarter rose to Rs 3,190 crore against Rs 2,809 crore in the year-ago period, Start Health said in a regulatory filing.

Gross written premium increased to Rs 2,949 crore in Q1 FY24 compared to Rs 2,464 crore in the same period a year ago.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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