Prabhu Insurance Raises Net Profit by 237.18%

May 10, 2024 01:43 PM Merolagani

Prabhu Insurance (PRIN) has published its third quarter report of the current FY.

According to the report, its net profit has increased by 237.18 percent to Rs 391.4 million during the period compared to Rs 116.1 million of the last FY.

During the period, its net insurance premium increased by 21.54 percent to Rs 464.3 million. Moreover, its investment and loan income increased by 48.30 percent to Rs 116.3 million.

The company has paid-up capital of Rs 1.37 billion and retained earning of Rs 103.4 million.

It logged EPS of Rs 37.93, P/E ratio of 20.96 times and net worth per share of Rs 224.67.

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