How is Guardian Micro Life Insurance’s Financial Health?

Feb 09, 2025 01:55 PM Merolagani
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Guardian Micro Life Insurance that marked its debut today has published its second quarter report of the current FY.

As per the report, it earned Rs 11.5 million net profit during the period. The company earned Rs 302.7 million in net profit in the last FY.

During the period, the company earned net premium of Rs 118.7 million and total income of Rs 150.3 million. Similarly, its total claim payment was Rs 82.7 million and total expenses stood at Rs 138.7 million.

The company with Rs 525 million in paid-up capital has catastrophic fund of Rs 135.1 million, retained earning of Rs 7.7 million and other equity of Rs 3.3 million. The company logged EPS of Rs 4.41 per unit.  




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