Nepal Breaking NewsBusinessIn premiums, Nepal Life Insurance Rs 25.37 Arba (Q3 Report)

In premiums, Nepal Life Insurance collects Rs 25.37 Arba (Q3 Report)

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Until the third of 2077/78, Nepal Company Limited (NLIC) a profit of Rs. 50.66 crores. The profit rose by 8% in comparison to the same time the previous year, according to the unaudited study. The NLIC made Rs. 46.75 crores in the third quarter of last year.

During the -month cycle, Nepal Insurance earned a net premium of Rs. 24.95 Arba. This is a 35 percent over the same time last year. The net , on the other hand, has increased by 40% to Rs. 7.29 Arba.

NLIC has a paid-up capital of Rs. 7.19 Arba as of Chaitra end 2077 BS, with Rs. 1.12 Arba in reserve and surplus. The company’s life assurance fund is worth Rs. 107.61 Arba.

Annualized earnings per share (EPS) and net worth per share are Rs. 9.38 and Rs. 123.92, respectively.

The table below contains a condensed version of the quarterly report:

Financial Highlights of the Third Quarter, FY 2077/78 at Nepal Life Insurance Company (NLIC)

Financial Indicators Q3, F.Y. 2077/78 Q3, F.Y. 2076/77 Percent Change
Paid-up Capital  (Rs. ‘Arba’) 7.19 5.49 30.97
Reserve & Surplus (Rs. ‘Arba’) 1.12 2.73 -58.97
Life Assurance Fund  (Rs. ‘Arba’) 107.61 81.37 32.25
Total Premium (Rs. ‘Arba’) 25.37 18.67 35.89
Net Premium (Rs. ‘Arba’) 24.95 18.41 35.52
Net Claim (Rs. ‘Arba’) 7.29 5.19 40.46
Total Investments  & (Rs. ‘Arba’) 101.46 86.31 17.55
Management Expenses  (Rs. ‘Arba’) 95.08 85.67 10.98
Net Profit  (Rs. ‘crores’) 50.66 46.75 8.36
Number Of Policies 1,370,136 1,280,310 7.02
Earnings Per Share (Rs.) 9.38
Networth Per Share (Rs.) 123.92
Price Per Share (Rs.) [Chaitra end, 2077 BS] 2112
P/E Ratio 225.16

Please keep in mind that

The above figures are taken from the respective company’s unaudited quarterly report. When investment decisions, investors should consider a variety of factors in addition to this article. After the final audit, the figures can change.

The share price and P/E ratio are calculated using data from the end of Chaitra in 2077. The figures can change at any time.

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