Shikhar Insurance Logs Plain Growth

Feb 12, 2025 11:49 AM Merolagani



Shikhar Insurance (SICL) has published its second quarter report of the current FY. As per the report, it logged pain growth during the period.

During the period, the company earned Rs 257.3 million in net profit. The net profit grew by 2.48 percent compared to Rs 251.1 million of the corresponding period of the last FY.

During the period, its net insurance premium increased by 15.63 to Rs 637.6 million. Similarly, its total income increased by 6.02 percent to Rs 1.16 billion. Similarly, it paid a net claim of Rs 383.6 million and total expenses of Rs 797.8 million.

The company maintained EPS of Rs 19.39, P/E ratio of 40.90 times and net worth per share of Rs 212.11.

The company with Rs 2.65 billion in paid-up capital has special reserve fund of Rs 1.81 billion, catastrophic fund of Rs 151 million, retained earning of Rs 400.7 million and other equity of Rs 608.5 million.




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