Rastriya Beema Company limited has posted raise in net profit by 76.55 percent in third quarter of fiscal year 2074/75.
As per the report, the non-life Insurance has posted net profit of Rs.46.13 crore in the Q3 from Rs.26.13 crore in the third quarter of last year.
Net insurance premium has fallen to Rs.17.95 crore from Rs.16.42 crore in the last corresponding quarter. It has earned Rs.17.21 crore from investment & lending loans and Rs.1.70 crore from re-insurance commission.
The company has paid Rs.57.03 crore for claims.
Currently, its paid up capital is Rs.26.66 crore with reserves of Rs.2.02 arba.
It has maintained Rs.1.31 arba in insurance fund.
Its annualized EPS stands at Rs.173.01 & net worth per share is Rs.859.77. PE ratio stands at 56.12 times.
