Medi Assist Posts ₹79.5 Million Profit in Q2 Amid Steady Revenue Growth

Medi Assist Healthcare Services Ltd., a leading health-tech and third-party administrator (TPA) in India, has announced its financial results for the September quarter (Q2 FY25), reporting a consolidated revenue from operations of ₹2.33 billion and a net profit of ₹79.5 million.

The company’s performance reflects continued momentum in the health insurance and digital claims processing space, driven by increased adoption of tech-enabled healthcare services. Medi Assist plays a pivotal role in bridging insurers, hospitals, and policyholders through its digital-first platform, offering seamless claims management and wellness solutions.

Despite a competitive landscape and regulatory shifts in the insurance sector, Medi Assist has maintained profitability through operational efficiency and strategic partnerships with insurers and corporate clients. The company is also expanding its footprint in tier-2 and tier-3 cities to tap into underserved markets.

Key Highlights:

- Revenue from Operations: ₹2.33 billion in Q2 FY25

- Net Profit: ₹79.5 million for the September quarter

- Core Business: Health insurance claims processing and TPA services

- Growth Drivers: Digital adoption, insurer partnerships, wellness offerings

- Strategic Focus: Expansion into smaller cities and tech-driven service delivery

- Market Position: Among India’s top TPAs in the health-tech space

Sources: Reuters India, Medi Assist Investor Relations, Business Standard, Moneycontrol