As per the report, its net insurance premium has decreased during the period compared to the corresponding period of the previous FY.
In the last FY, the company collected a net insurance premium of Rs 17.39 billion which is 4.11 percent less compared to Rs 18.13 billion of the previous FY.
During the period, the company earned net profit of Rs 124.6 million compared to a net loss of Rs 87.4 million of the previous FY.
During the period, it earned Rs 7.83 billion from investment, loans and other and Rs 2.36 billion from loan against policies of Rs 21.71 billion.
The company maintained EPS of Rs 4.70, P/E ratio of 330.93 times and net worth per share of Rs 164.25.
The company with Rs 2.65 billion in paid-up capital has reserve fund of Rs 1.27 billion, life insurance of Rs 7.47 billion and catastrophic fund of Rs 429.6 million.
In the review period, it issued 693,972 policies and collected total insurance premium of Rs 17.46 billion. During the period, it paid 9.98 billion to 24,932 claims and has outstanding payment of Rs 382.1 million.
