Star Health Q4 profit surges to ₹111 crore on underwriting turnaround

Star Health and Allied Insurance Company Limited reported a significant surge in fourth-quarter earnings, with net profit rising to ₹111.3 crore in Q4 FY26 from ₹50 lakh a year ago.

The growth was driven by improved underwriting performance and higher premium collections. The company reported an underwriting profit of ₹64 crore in Q4 FY26, compared to a loss of ₹87 crore in Q4 FY25.

Gross Written Premium (GWP) for the quarter rose 17% year-on-year to ₹6,529 crore.

For the full year, the insurer posted a Profit After Tax (PAT) of ₹911 crore, reflecting a 16% increase from the previous fiscal. The company also achieved an underwriting profit of ₹206 crore for FY26, reversing a loss of ₹165 crore in FY25.

Commenting on the performance, Mr. Anand Roy 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.”