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Star Health Profit Skyrockets 414% YoY
3 Feb
Summary
- Star Health's Q3 FY26 profit grew 414% year-on-year.
- Gross Written Premium increased 23% for Q3 FY26.
- Company leads Indian Retail Health segment with 31.3% market share.
Star Health and Allied Insurance announced a significant financial performance for the third quarter of the Financial Year 2025-26, reporting a Profit After Tax (PAT) of ₹449 Crores. This represents a substantial 414% year-on-year growth, attributed to increased premiums, a better loss ratio, and enhanced operational efficiency.
The company achieved a Gross Written Premium (GWP) of ₹5,047 Crores in Q3 FY26, marking a 23% year-on-year increase. Retail GWP also saw a 27% rise, fueled by a strong 60% growth in fresh retail premiums. Star Health continues to dominate India's Retail Health segment, holding a market share of 31.3% for the first nine months of FY26.
Operational improvements are evident in the combined ratio, which decreased to 98.9% for Q3 FY26 from 102.1% in Q3 FY25. The loss ratio improved by 301 basis points to 68.8%, and the expense ratio saw a marginal improvement to 30.1%.
