Star Health & Allied Insurance Company Ltd Share Price – NSE  /  BSE

Insurance, Small Cap

Star Health & Allied Insurance Company announced the availability of its Home Health Care services in over 50 cities across India. This highly personalised customer-centric offering aims to provide effective healthcare solutions right at the customer's doorstep, along with seamless and instant claims settlement. Star Health Insurance has collaborated with leading providers including Care24, Portea, CallHealth, Athulya Homecare and Argala to offer in-home medical care across India.

Customers can use the toll-free number 044-69006900 to avail of the 100% cashless Home Health Care facility. The end-to-end package covers all expenses from professional fees, nursing fees, medicine and lab tests with no out-of-pocket expenses with this service. Doctors will be available at one's doorstep within a short span of time and customers can get easy access to medication, diagnostic tests and specialized care.

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Star Health & Allied Insurance Co. will hold a meeting of the Board of Directors of the Company on 30 July 2024.

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Star Health & Allied Insurance Company has appointed Rajeev Kher (DIN: 01192524) as Additional Director under Independent category with effect from 11 June 2024.

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Net profit of Star Health & Allied Insurance Company rose 39.82% to Rs 142.32 crore in the quarter ended March 2024 as against Rs 101.79 crore during the previous quarter ended March 2023. Sales rose 16.58% to Rs 3395.33 crore in the quarter ended March 2024 as against Rs 2912.52 crore during the previous quarter ended March 2023.

For the full year,net profit rose 36.60% to Rs 845.01 crore in the year ended March 2024 as against Rs 618.59 crore during the previous year ended March 2023. Sales rose 14.89% to Rs 12938.27 crore in the year ended March 2024 as against Rs 11261.59 crore during the previous year ended March 2023.

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