The net profit of Nepal Insurance Company Limited (NICL) increased by 27 percent in the third quarter of fiscal year 2077/78.
In the first nine months of the current fiscal year, NICL made a net profit of Rs. 17.01 crores. Until the third quarter of the previous fiscal year, the company had made a profit of Rs.13.40 crores.
The following table summarizes the quarterly report:
Third Quarterly Report Summary, FY 2077/78, Nepal Insurance Company (NICL)
|Financial Indicators||Q3, F.Y. 2077/78||Q3, F.Y. 2076/77||Percent Change|
|Paid-up Capital (Rs. ‘crores’)||115.03||109.55||5.00|
|Reserve & Surplus (Rs. ‘crores’)||40.17||34.58||16.17|
|Insurance Fund (Rs. ‘crores’)||50.71||36.47||39.05|
|Total Investments (Rs. ‘crores’)||266.03||234.36||13.51|
|Total Premium (Rs. ‘crores’)||96.84||85.89||12.75|
|Net Premium (Rs. ‘crores’)||58.18||43.01||35.27|
|Net Claim (Rs. ‘crores’)||17.68||9.82||80.04|
|Total Outstanding Claim (Rs. ‘crores’)||82.97||93.39||-11.16|
|Net Profit (Rs. ‘crores’)||17.01||13.4||26.94|
|Management Expenses (Rs. ‘crores’)||17.54||18.54||-5.39|
|Number Of Policies||111,766||116,944||-4.43|
|Earnings Per Share (Rs.)||19.72|
|Networth Per Share (Rs.)||179.01|
|Market Price Per Share (Rs.) [Chaitra end, 2077 BS]||839|
Please keep in mind that
The above figures are taken from the respective company’s unaudited quarterly report. When making 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.