Sanima Reliance Life Insurance Logs Impressive Growth

May 10, 2024 01:24 PM Merolagani

Sanima Reliance Life Insurance (SRLI) has published its third quarter report of the current FY.

According to the report, its net profit has increased by 92.94 percent during the period.

In the review period, it earned net profit of Rs 304.8 million compared to Rs 157.9 million of the last FY.

During the period, its net insurance premium increased by 117.08 percent to Rs 4.01 billion. Moreover, its investment and loan income increased by 142.72 percent to Rs 1.12 billion.

Meanwhile, the size of its insurance fund has inflated by 24.14 percent to Rs 13.55 billion.

The company has paid-up capital of Rs 4.18 billion and retained earning of Rs 997.2 million. It logged EPS of Rs 9.71 and net worth per share of Rs 126.99.

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