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

Operating Revenue for nine months of FY25 grew by 14.2%, reaching INR 550.4 crore, while the Profit After Tax surged by 53.6% to INR 69.9 crore. Notable highlights include a Total Premium under Management (PUM) of INR 15,829 crore, indicating a 16.6% year-on-year increase, with group and retail segments growing 14.7% and 31.2%, respectively. Market share in health insurance premium administered climbed to 19.8%, up from 19.2% a year prior. The company expanded its retail segment by adding three private insurance firms and achieved a 95% retention rate of group accounts. Medi Assist's technology advancements, particularly in fraud detection and a new platform for international benefits, are enhancing operational efficiency. Overall, the company maintains a positive outlook driven by solid growth in key areas and strategic initiatives aligned with its long-term vision. Investors should watch for continued expansion and market leadership in the health insurance domain.