Shikhar Insurance Logs 1.79% Growth in Net Profit

May 12, 2025 12:33 PM Merolagani



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

During the period, the company earned Rs 357 million in net profit. The net profit grew by 1.79 percent compared to Rs 350.7 million of the corresponding period of the last FY.

During the period, its net insurance premium increased by 16.57 percent and total income increased by 6.84 percent. Similarly, its net claim increased by 25.39 percent and total expenses by 10.71 percent.

The company maintained EPS of Rs 16.29, P/E ratio of 46.81 times and net worth per share of Rs 195.81.

The company with Rs 2.92 billion in paid-up capital has special reserve fund of Rs 1.83 billion, catastrophic fund of Rs 155.9 million, retained earning of Rs 162.3 million and other equity of Rs 616.1 million.




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