28-Oct-2026 11:35:18

STARHEALTH Q2 : STANDALONE NET PROFIT UP 233% AT RS 265 CR (YOY). STRONG (ON 1ST LOOK)

• GWP up 19% YoY at ₹5,275 Cr; underwriting profit ₹99 Cr vs loss of ₹40 Cr YoY. • Normalised PAT up 70% YoY at ₹390 Cr; H1 FY27 normalised PAT up 56% at ₹775 Cr. • CISR improved to 98.0% vs 100.9% YoY; H1 CISR 97.9% vs 100.3% YoY. • Retail health fresh GWP up 35% YoY; digital D2C channel up 137% YoY in H1 FY27. Impact: Strong profit growth and improved underwriting, with retail health and digital D2C momentum.

Star Health and Allied Insurance Company Limited

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