In the review period, the company increased its net profit by 8.80 percent to Rs 58.8 million compared to Rs 54.1 million of the last FY.
Similarly, the company earned Rs 415.9 million in net insurance premium which was Rs 407.8 million in the last FY. The company earned reinsurance premium of Rs 99.4 million and loan, investment and other income of Rs 38.1 million during the period.
The company with Rs 584 million in paid-up capital has insurance fund of Rs 430.1 and disaster fund of Rs 38.9 million.
Till date, the company earned Rs 795.4 million in total insurance premium. By the period, it issued 103,121 insurance policies among which 3,584 policies have been renewed.
The company has paid Rs 548.6 million on 3,032 claims and has outstanding claim payment of Rs 969.7 million.
The company logged EPS of Rs 20.16, net worth per share of Rs 283.24 and P/E ratio of 52.98 times in Q2.
