Medi Assist Reports Strong Q1 Growth and Completes Major TPA Acquisition

Medi Assist Healthcare Services posted an 18.7% year-on-year increase in Q1 FY2026 profit after tax, reaching ₹22.6 crore. Operating revenue climbed 13.6% to ₹190.6 crore, driven by robust performance in its group segment.

The company completed its ₹412.4 crore acquisition of Paramount Health Services & Insurance TPA on July 1, marking India's largest TPA deal. A strategic partnership with Star Health will deploy Medi Assist's AI claims platform MAtrix, signaling tech-driven expansion in health insurance administration.

Premium under management grew 18.5% to ₹7,076 crore, with group PUM surging 20.4% to ₹6,527 crore. Market share in health insurance premium administration expanded to 23.1%, though retail segment share dipped slightly to 5.0%.

Operating EBITDA increased 19.3% to ₹42 crore, maintaining a healthy 22% margin. Shares traded 1.67% higher at ₹553.40 on the NSE, reflecting investor confidence in the company's growth trajectory.