Siddhartha Insurance Logs Plain Growth

May 08, 2022 02:25 PM Merolagani

Siddhartha Insurance (SIL) has earned net profit of Rs 173.4 million in the third quarter of the current FY. The net profit increased by merely 1.99 percent compared to Rs 177.4 million compared to the corresponding period of the last FY.

During the period, the company collected net insurance premium of Rs 836.6 million, a growth of 12.79 percent compared to Rs 741.7 million of the last FY.

Moreover, the company earned Rs 308.2 million from reinsurance and Rs 71.8 million from investment, loans and other income.

The company with Rs 1.28 billion in paid-up capital has reserve fund of Rs 253.9 million, life insurance fund of Rs 1.09 billion and disaster fund of Rs 85.3 million.

The company logged EPS of Rs 17.96, net worth per share of Rs 211.32 and P/E ratio of 45.06 times.

In the review period, the company issued 147,174 insurance polices and has earned Rs 2.50 billion in total insurance premium.

The company paid Rs 756 million to 7,389 claims and has outstanding payment of Rs 1.64 billion to 8,761 claim.

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Himalayan Distillery’s Net Profit Declines by 39.5%

May 03, 2024 08:49 AM

Himalayan Distillery (HDL) has published its third quarter report of the current FY. As per the report, the company recorded a decline in sales during the review period compared to the corresponding period of the last FY.