Nepal Life Insurance Logs Plain Growth

Feb 09, 2025 08:18 AM Merolagani
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Nepal Life Insurance (NLIC) has published its second quarter report of the current FY.

As per the report, the company has logged plain growth during the period.

In the review period, the company earned net profit of Rs 468.1 million compared to 427.7 million of the corresponding period of the last FY. The net profit increased by 9.45 percent during the period.

During the period, it raised its net insurance premium by 12.26 percent and total income by 14.35 percent.

Similarly, its total claim payment increased by 15.94 percent and total expenses by 15.10 percent.

Along with net profit, its EPS also increased by Rs 0.99 to Rs 11.41. It maintained P/E ratio of 70.42 times and net worth per share of Rs 154.51.

The company with Rs 8.20 billion in paid-up capital has catastrophic fund of Rs 1.30 billion, retained earning of Rs 2.38 billion and other equity of Rs 782.6 million.




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