The net profit includes a profit of Rs 454.3 million from life insurance and Rs 82.6 million from non-life insurance.
The net profit declined by 13.86 percent compared to Rs 623.3 million of the corresponding period of the last FY.
Similarly, the company earned Rs 3.79 billion in net insurance premium during the period. It earned Rs 3.40 billion from non-life insurance and Rs 394.6 million of net insurance premium from life insurance.
The net insurance premium increased by 25.94 percent during the period compared to Rs 3.01 billion in of the review period of the last FY.
Similarly, it earned Rs 12.8 million from the reinsurance commission and Rs 130.7 million from other sources. It also paid Rs 990.8 million in reinsurance commission during the period.
In the review period, the company paid Rs 1.28 billion in a total claim while it has an outstanding claim payment of Rs 1.82 billion.
The company with Rs 10 billion in paid-up capital has a reserve fund of Rs 3.49 billion and an insurance fund of Rs 2.03 billion.
It logged EPS of Rs 10.74, net worth per share of Rs 155.26 and P/E ratio of 78.97 times.
