During the period, the company earned a net profit of Rs 61.1 million. In the review period of the last FY, it had earned Rs 50.1 million in net profit.
In the review period, the company earned Rs 52.7 million from loans, investments and others and Rs 2.8 million from loans against insurance policies of Rs 178.2 million.
The company with Rs 1.75 billion in paid-up capital is soon issuing IPO worth Rs 750 million. After the IPO issue, its paid-up capital will reach Rs 2.50 billion. In this regard, the company has appointed NIBL Ace Capital as its issue manager.
The company has reserve fund of Rs 753.9 million, life insurance fund of Rs 2.82 billion and disaster fund of Rs 47 million.
During the period, the company has issued 130,446 insurance policies and has earned a total insurance premium of Rs 620.8 million. The company paid Rs 127.3 million to 73 claims during the period and has an outstanding payment of Rs 24.9 million to 61 claims.