NLG Insurance Q3 earnings rises 24.03% to Rs 8.03 crore

ShareSansar, May 27:

NLG Insurance Company Limited has posted 24.03% rise in profit for the third quarter of fiscal year 2071/72. The insurer’s profit rose to Rs 8.03 crore from Rs 6.47 crore reported in the corresponding quarter last year.

Earnings from premium in the Q3 of 2071/72 rose to Rs 41.89 crore from Rs 33.01 crore posted in the third quarter of last year.

Meanwhile, the number of policy subscribers of the insurance company dropped to 1,00,538 from 110,216 third quarter of last year.

The insurance company’s EPS stands at Rs 31.36 and net worth per share at Rs 222.