Shikhar Insurance Logs Plain Growth

Nov 15, 2024 08:52 AM Merolagani



Shikhar Insurance (SICL) has published its first quarter report of the current FY.

As per the report, it logged pain growth during the period.

During the period, the company earned Rs 115.2 million in net profit. The net profit grew by 2.51 percent compared to Rs 112.4 million of the corresponding period of the last FY.

During the period, its net insurance premium increased by 1.57 and total income declined by 1.88 percent. in the review period, its net claim payment increased by 0.54 percent and total expenses by 3.17 percent.

The company maintained EPS of Rs 17.36, P/E ratio of 49.82 times and net worth per share of Rs 209.62.

The company with Rs 2.65 billion in paid-up capital has special reserve fund of Rs 1.76 billion, catastrophic fund of Rs 145.7 million, retained earning of Rs 356.1 million and other equity of Rs 644.7 million.

 




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