Medi Assist Healthcare Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• Medi Assist Healthcare Services Ltd reported a 18.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 25.5%.
• Its expenses for the quarter were up by 32.2% QoQ and 40.4% YoY.
• The net profit decreased 64.3% QoQ and decreased 61.6% YoY.
• The earnings per share (EPS) of Medi Assist Healthcare Services Ltd stood at 1.12 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Medi Assist Healthcare Services Ltd is a prominent player in the healthcare services industry, focusing on providing health benefits administration services. The company offers a range of services, including cashless hospitalization, claims management, and wellness programs, catering to both corporate clients and individual policyholders. As a third-party administrator (TPA), Medi Assist plays a crucial role in facilitating efficient health insurance claims processing and ensuring seamless access to healthcare services for insured individuals. Any recent major developments specific to the company are not available in the given data.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Medi Assist Healthcare Services Ltd reported a total income of ₹234.82 crores. This marks a significant increase of 18.6% quarter-over-quarter (QoQ) from ₹197.95 crores in Q1FY26 and a 25.5% year-over-year (YoY) rise compared to ₹187.14 crores in Q2FY25. The robust growth in total income indicates the company's ability to enhance its revenue base consistently over the comparable periods.

Profitability

In Q2FY26, Medi Assist Healthcare Services Ltd experienced a decline in profitability, with its profit before tax (PBT) decreasing to ₹13.47 crores from ₹30.51 crores in Q1FY26, reflecting a 55.9% QoQ drop. Similarly, the YoY comparison shows a 54.3% decrease from ₹29.49 crores in Q2FY25. The company's profit after tax (PAT) also declined significantly to ₹8.07 crores, a 64.3% QoQ and 61.6% YoY reduction from ₹22.63 crores in Q1FY26 and ₹21.01 crores in Q2FY25, respectively. Earnings per Share (EPS) followed the same downward trend, reducing to ₹1.12 from ₹3.16 in Q1FY26 and ₹2.97 in Q2FY25.

Operating Metrics

Total expenses for Medi Assist Healthcare Services Ltd in Q2FY26 amounted to ₹221.35 crores, marking a substantial increase of 32.2% QoQ from ₹167.44 crores in Q1FY26 and a 40.4% YoY surge compared to ₹157.64 crores in Q2FY25. The tax expenditure also decreased, amounting to ₹5.40 crores in Q2FY26, which is 31.5% lower than ₹7.88 crores in Q1FY26 and 36.7% less than ₹8.53 crores in Q2FY25. These figures underscore significant changes in the company's cost structure over the past quarters and year.