The net profit increased by 3.81 percent compared to the corresponding period of the previous FY. In the review period of the previous FY, the company earned Rs 1.99 billion through non-life and Rs 116.7 million through life insurance companies.
Similarly, the company earned Rs 9.43 billion in net insurance premium during the period. The company earned Rs 8.23 billion from non-life insurance and Rs 1.20 billion through life insurance companies.
In the previous FY, the company earned Rs 6.86 billion in net insurance premium. The net insurance premium increased by 37.31 percent compared to the previous FY.
During the period, the company spent Rs 2.49 billion in reinsurance commission. In the review period, the company paid Rs 4.11 billion to non-life insurance companies and Rs 452.1 million to life insurance companies. It has outstanding claim payment of Rs 1.91 billion.
The company with Rs 10 billion in paid-up capital has reserve fund of Rs 3.35 billion and insurance fund of Rs 2.46 billion.
The company has EPS of Rs 11.69 net worth per share of Rs 158.17 and P/E ratio of 136.29 times.
