Star Health Sees Profit Plunge by 50% in Q2
Star Health and Allied Insurance Company reported a significant 50% decrease in profit, dropping to Rs 55 crore for Q2 of 2025. Despite a rise in gross written premiums, increasing expenses and a dip in investment income impacted profitability, leading to an overall operating loss.
- Country:
- India
Star Health and Allied Insurance Company has witnessed a dramatic 50% drop in profit, recording Rs 55 crore for the second quarter ending September 2025. This is a stark contrast to the Rs 111 crore profit reported during the same period last year.
The Chennai-headquartered company's Gross Written Premium observed modest growth, reaching Rs 4,424 crore from Rs 4,371 crore the previous year. However, income from investments fell from Rs 208 crore to Rs 182 crore year-on-year for the quarter.
Total income showed an increase to Rs 4,266 crore, up from Rs 3,914 crore, due to rising expenses, which grew to Rs 4,285 crore. Consequently, underwriting losses expanded to Rs 204 crore, resulting in an operating loss of Rs 19 crore compared to the previous year's Q2 profit of Rs 16 crore.
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