Gunras Life Insurance company limited has reported net profit surged by 39.11 percent in third quarter of fiscal year 2074/75.
As per the report, Gunras Life Insurance has posted net profit of Rs.4.01 crore in the Q3 from Rs.2.88 crore in the second quarter of last year.
During the period, total insurance premium collection increased to Rs.95.77 crore from Rs.75.75 crore in the last year. Net insurance premium has risen to Rs.88.79 crore from 70.10 crore in the last corresponding quarter.
It has total policy holders of 2.04 lakh.
The company still remains to pay claims of Rs.62.58 lakh.
Currently, its paid up capital is 59.40 crorewith reserves of 20.78 crore. It had already got approval to issue 50% right shares. After right share, paid up capital will reach to Rs.89.10 crore.
It has maintained 3.83 arba in life insurance fund & 2.59 crore in disaster fund.
Its EPS stands at 9.01 & net worth per share is 139.36. PE ratio stands at 97.59 times.
