Similarly, the company increased its net profit by 338.10 percent to Rs 20.2 million compared to Rs 4.6 million of the last FY.
The company earned Rs 39 million through reinsurance commission and Rs 8.3 million from investment, loan and other income.
By the period, the company issued 25,857 insurance policies and has earned Rs 257.1 million in total insurance premium. The company paid Rs 102.8 million to 937 claims and has outstanding payment of Rs 992.1 million to 2,327 claims.
The company with Rs 1.09 billion in paid-up capital has reserve fund of Rs 151.2 million and insurance fund of Rs 237.3 million.
It logged EPS of Rs 7.38, net worth per share of Rs 135.47 and P/E ratio of 30.63 times during the period.
