Prabhu Insurance Company Limited has published Second quarter report of Fiscal year 2075/76. It has reported increased in net profit by 35.07% in the comparing period.
As per the report, insurance has posted net profit of Rs. 4.44 crore in the Q2 of FY 2075/76 from Rs. 3.29 crore in same period of last fiscal year 2074/75.
Net insurance premium has risen to Rs.20.83 crore from Rs. 18.13 crore in the same period of last year. It has earned 1.51 crore from investment in Q2. It has also earned re-insurance commission of Rs.6.03 corre in Q2.
The company has made a payment of Rs.10.39 crore for claims and agent commission of Rs.1.41 crore. Its operating expanse increase to Rs.7.48 crore from Rs.5.81 crore in Q2 of last year.
The company still remains to pay claims of Rs.12.02 crore.
Currently, its paid up capital is Rs.1.00 arba with reserves of Rs.19.63 crore.
It has maintained Rs.46.51 crore in insurance fund & Rs. 6.70 crore in disaster fund.
Its annualized earning per share stands at Rs.8.49 & net worth per share is Rs.166. PE ratio stands at 52.65 times.
IME General Insurance Company Limited has published Second quarter report of Fiscal year 2075/76. It has reported increased in net profit by 21.44% in the comparing period.
As per the report, insurance has posted net profit of Rs. 5.85 crore in the Q2 of FY 2075/76 from Rs. 4.82 crore in same period of last fiscal year 2074/75.
Net insurance premium has risen to Rs.26.45 crore from Rs. 19.10 crore in the same period of last year. It has earned Rs.1.65 crore from investment in Q2. It has also earned re-insurance commission of Rs.7.05 crore.
The company has made a payment of Rs.7.94 crore for claims and agent commission of Rs.1.34 crore. Its operating expanse increase to Rs.8.15 crore from Rs.4.83 crore in Q2 of last year.
The company still remains to pay claims of Rs.25.12 crore.
Currently, its paid up capital is Rs.54 crore with reserves of Rs.14.55 crore.
It has maintained Rs.20.72 crore in insurance fund.
Its annualized earning per share stands at Rs.21.69 & net worth per share is Rs.165.34. PE ratio stands at 20.84 times.
