An increase in net profit straight from 68 lakhs to 1 crore 97 lakhs: Rastriya Beema Sansthan

Thu, Aug 16, 2018 4:27 PM on Financial Analysis, Latest, Stock Market,

Rastriya Beema Sansthan (RBS) has earned net profit of Rs 1.97 crore in the Q4 of fiscal year 2074/75. The net profit previously was Rs 68.16 lakhs in the same quarter of FY 2073/74.

As per the unaudited report for the fourth quarter published today, the net earnings from premium rose to Rs 3.16 arba in Q4 from Rs 2.75 arba in the corresponding quarter. 

RBS has a paid-up capital of Rs 18.10 crore with reserve of Rs 16.97 crore. Likewise, the company’s insurance fund has increased to Rs 15.72 arba from Rs 11.72 arba in the corresponding quarter.