Medi Assist Healthcare Services Limited — Updates, 07-08-2025: Press Release

Medi Assist delivered strong Q1 performance. Operating Revenue rose 13.6% to INR 190.6 Cr, with Profit After Tax up 18.7% to INR 22.6 Cr year-on-year. Total Premium under Management jumped 18.5% to INR 7,076 Cr, driven by 20.4% growth in Group PUM. A significant strategic move was the acquisition of Paramount Health Services for INR 412.4 Cr. The company also partnered with Star Health to deploy its AI-driven MAtrix claims platform, enhancing tech capabilities. Fraud, Waste, and Abuse savings hit ~INR 160 Cr, a threefold increase, reflecting improved operational efficiency.