Star Health and Allied Insurance reports stronger performance in its first-quarter results, with profit rising year-on-year to about ₹550 crore. NDTV and Business Line both attribute the improvement to higher profitability under Ind AS accounting, with Business Line citing a profit increase of about 25% to ₹550 crore and NDTV stating profit surges 26% to ₹550 crore.
All sources agree that insurance revenue increases during the quarter. NDTV reports insurance revenue grows 12.6% year-on-year to ₹4,917 crore. Business Line adds that underwriting profit climbs sharply to ₹111 crore, indicating improved results from core insurance operations.
Overall, the reported figures show simultaneous growth in profit, underwriting profit, and insurance revenue for the quarter under review. The sources provide limited additional operational detail, but the figures highlight continued year-on-year expansion across key performance metrics.
