Star Health & Allied Insurance Co. will hold a meeting of the Board of Directors of the Company on 29 April 2025.Powered by Capital Market - Live News

Star Health & Allied Insurance Company (Star Health Insurance) becomes the country`s largest Home Health Care (HHC) provider by expanding its HHC initiative to 100 locations across India. The program, launched in July 2023, now serves over 85% of Star Health Insurance`s customer base, offering cashless doorstep medical care within 3 hours with no out-of-pocket expenses. Improves accessibility, availability and affordability of healthcare in Bharat.The HHC program provides timely medical care to patients recovering from infectious diseases. Under the program, a partner doctor visits the patient`s home to assess their condition, conduct a diagnosis, and provide necessary treatment if hospitalization is deemed unnecessary for the symptoms, with regular in-person followups. If needed, based on severity, the doctor may recommend hospitalization, though less than 1% of patients have required this escalation.Powered by Capital Market - Live News

Star Health and Allied Insurance Company (Star Health Insurance) has secured the highest sustainability score among insurance companies in the Indian Insurance sector in S&P Global Corporate Sustainability Assessment. Star Health Insurance becomes India`s most sustainable insurance company 2024 in the S&P Global Corporate Sustainability Assessment (CSA). The Company has secured a score of 53 based on the robust Environmental, Social, and Governance (ESG) parameters. This accomplishment highlights the Company`s constant focus on sustainable practices, transparency and fostering a strong ESG culture. The remarkable 10-point improvement in the score highlights Star Health`s progress in key areas such as corporate governance, human capital management and climate strategy. This recognition reflects the company`s commitment to integrating ESG principles into its operations and ensuring long-term value for all stakeholders.Powered by Capital Market - Live News

Net profit of Star Health & Allied Insurance Company declined 25.70% to Rs 215.14 crore in the quarter ended December 2024 as against Rs 289.56 crore during the previous quarter ended December 2023. Sales rose 15.37% to Rs 3799.68 crore in the quarter ended December 2024 as against Rs 3293.61 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3799.683293.61 15 OPM %7.5111.75 - PBDT286.96387.67 -26 PBT286.96387.67 -26 NP215.14289.56 -26 Powered by Capital Market - Live News

Star Health & Allied Insurance Co. will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live News