Overview

• Star Health’s Q1 FY26 net profit under Indian GAAP fell 18% year-over-year to ₹263 crore.
• The insurer’s IFRS-based profit after tax climbed 44% year-over-year to ₹438 crore, underscoring divergent accounting treatments.
• Gross written premium rose 13% to ₹3,936 crore with retail premium growth of 18% and claims net promoter score improving to 57.
• The Insurance Regulatory and Development Authority imposed a ₹3.39 crore fine and issued a warning for breaches of its 2023 cyber-security guidelines.
• The company is scaling its digital and retail channels through investments in technology and claims automation while shoring up cyber-defenses.