Medi Assist Healthcare Services Limited — Updates, 05-02-2025: Press Release

Operating revenue for the first nine months of FY25 rose by 14.2%, reflecting robust growth strategies. Profit After Tax (PAT) surged by 53.6%, reaching INR 69.9 crore, driven by enhanced operational efficiencies and service innovations. Total Premium under Management (PUM) hit INR 15,829 crore, marking a 16.6% year-on-year increase, with retail PUM growing significantly by 31.2%.

Medi Assist further improved its market share to 19.8% in the health insurance premium sector. The company successfully onboarded three new private insurance partners and bolstered its group account retention to 95%. Technological advancements, such as the Raksha Prime program and MAven Fraud Detection Engine, have streamlined operations and fraud prevention, enhancing overall insurance service delivery.

Looking forward, Medi Assist appears well-positioned for sustained growth amid increasing demand in the health benefits space, suggesting a positive outlook for investors balancing opportunity with the dynamic nature of market challenges.