Shikhar Insurance & NLG Insurance has posted raise in net profit of 16.42% & 16.37% respectively in Q3 of FY 2074/75.
Shikhar Insurance Company limited has posted raise in net profit by 16.42 percent in third quarter of fiscal year 2074/75.
As per the report, the non-life Insurance has posted net profit of Rs.31.01 crore in the Q3 from Rs.26.63 crore in the third quarter of last year.
Net insurance premium has risen to Rs.1.23 arba from Rs.1.14 arbae in the last corresponding quarter.
The company has paid Rs.86.04 crore for claims & still remains to pay claims of Rs.73.13 crore.
Currently, its paid up capital is Rs.1.05 arba with reserves of Rs.18.20 crore.
It has maintained Rs.79.04 crore in insurance fund & Rs.5.29 crore in disaster fund.
Its annualized EPS stands at Rs.39.66 & net worth per share is Rs.196.97. PE ratio stands at 25.54 times.
NLG Insurance Company limited has posted raise in net profit by 16.37 percent in third quarter of fiscal year 2074/75.
As per the report, the non-life Insurance has posted net profit of Rs.15.10 crore in the Q3 from Rs.12.97 crore in the third quarter of last year.
Net insurance premium has fallen to Rs.59.08 crore from Rs.55.60 crore in the last corresponding quarter.
The company has paid Rs.50.05 crore for claims & still remains to pay claims of Rs.81.82 crore.
Currently, its paid up capital is Rs.64.04 crore with reserves of Rs.8.57 crore.
It has maintained Rs.65.68 crore in insurance fund & Rs.4.21 crore in disaster fund.
Its annualized EPS stands at Rs.31.44 & net worth per share is Rs.222.54. PE ratio stands at 26.65 times.
