Star Health and Allied Insurance Company Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported net income was INR 1,017.9 million compared to net loss of INR 820.4 million a year ago. Basic earnings per share from continuing operations was INR 1.75 compared to basic loss per share from continuing operations of INR 1.43 a year ago. Diluted earnings per share from continuing operations was INR 1.71 compared to diluted loss per share from continuing operations of INR 1.43 a year ago.
For the full year, net income was INR 6,185.9 million compared to net loss of INR 10,406.7 million a year ago. Basic earnings per share from continuing operations was INR 10.7 compared to basic loss per share from continuing operations of INR 18.65 a year ago. Diluted earnings per share from continuing operations was INR 10.41 compared to diluted loss per share from continuing operations of INR 18.65 a year ago.