The management of Star Health discussed a number of important issues impacting the business’s performance during its earnings call.
Following the company’s announcement of an 11.18% decline in net earnings for the September quarter, Star Health and Allied Insurance’s stock dropped more than 6% on Wednesday, October 30. The net profit was ₹111.29 crore as opposed to ₹125.30 crore at the same time last year.
The management of Star Health discussed a number of important issues influencing the business’s success during its earnings call. They confirmed recent price increases for two insurance products aimed at young adults and seniors, and they intend to raise the prices of two more products in the current and upcoming quarters.