Dominant performance of Rastriya Beema with 156.42% profit
Fri, Aug 28, 2015 12:00 AM on Others,
SharSansar, August 28;
Rastriya Beema Sansthan (RBS) has posted a net profit of Rs 19 crore 79 lakh in the fourth quarter of the last fiscal year. The net profit of the insurance company up surged by 156.42% compared to the net profit of the previous fiscal year.
As per the unaudited financial report for the fourth quarter published today, the company’s net earnings from premiums grew to Rs 2 arba 46 crore in Q4 from Rs 1 arba 45 crore in the corresponding period of the previous year.
The Insurance Company has a paid up capital of Rs 93 lakh with reserve fund Rs 29 crore 54 lakh. RBS has total insurance fund of Rs11 arba 69 crore.
RBS earning per share stand at Rs 212.83.
