Citizen Life Insurance registers Rs 7.55 crore profit in the third quarter; IME Life Insurance's EPS stands at Rs 14.18

Wed, May 16, 2018 8:37 AM on Financial Analysis, Latest, Stock Market,
Citizen Li...

Citizen Life Insurance Company Limited (CLICL) has published their unaudited financial report for the third quarter of the current fiscal year. The profit has been reported as Rs 7.55 crore in the current quarter which was Rs 5.14 crore in the previous quarter.

The insurance company collected Rs 18.60 crore as earnings from premium in the Q3 of FY 2074/75.

The paid up capital of the company is Rs 1.74 arba with Rs 8.10 crore in the reserve and surplus. It has Rs 4.19 crore as  life insurance fund of the company.

IME Life Insurance Company Limited has published third quarter report of the FY 2074/75.

As per the report published by the insurance company, it has posted net profit of Rs 14.88 crore till the end of Q3 which was only Rs 6.18 crore in the previous quarter i.e. Q2 FY 2074/75.

It has collected net insurance premium of Rs 25.59 crore.

Its current paid up capital stands at Rs 1.40 arba. The company’s reserve amounts to Rs 14.36 crore and life insurance fund amounts to Rs 9.67 crore.

Till date, 29,498 policies have been sold by the company.

Its annualized EPS stands at Rs 14.18 and net worth per share stands at Rs 111.40.