Star Health and Allied Insurance Company Limited reported a sharp rebound in profitability for the fourth quarter of FY26, posting a net profit of ₹111.3 crore, a 200% increase compared to ₹50 lakh in Q4 FY25.
The company’s Gross Written Premium (GWP) for the quarter grew 17% year-on-year to ₹6,529 crore. It also recorded an underwriting profit of ₹64 crore, a turnaround from an operating loss of ₹87 crore in the same period last year.
The Loss Ratio improved by 399 basis points to 65.2%, while the Retail Loss Ratio improved by 294 basis points to 64.8%.
For the full fiscal year FY26, the insurer reported a Profit After Tax (PAT) of ₹911 crore, up 16% from ₹787 crore in FY25. Annual GWP stood at ₹20,369 crore, marking a 16% growth.
Commenting on the performance, Mr. Anand Roy, CEO & Managing Director of Star Health, said: “FY26 has been a year of disciplined execution for Star Health. Our focus on prudent underwriting, operating efficiency, and retail health leadership has translated into stronger profitability and improved operating metrics. We have also continued to deepen digital adoption across the value chain to enhance customer experience and build long-term operating leverage. As we move ahead, we remain committed to sustainable growth, innovation-led service delivery, and making quality health insurance more accessible across India.”