Gurans Life Insurance posts net premium collection of Rs 95.77 crore till Q2; Annualized EPS at Rs 15.67

Gurans Life Insurance Company Limited (GLICL) net profit has increased from Rs.4.09 Crores in Q2 of FY 2075/76, to Rs.7.35 Crore in Q2 of 2076/77.

Gurans Life Insurance (GLICL) has paid up capital of Rs.93.85 Crores, while the reserves and surplus stood at Rs.34.72 Crore. The life insurance fund of the company stands at Rs.6.67 Arba.

Its earnings from premium (net) has increased from Rs.71.99 Crore to Rs.95.77 Crore in Q2 of fiscal year 2076/77. The company has made claim payment (net) of Rs.18.33 Crore during the review period.

Its annualized EPS stands at Rs.15.67, the P/E ratio stands at 33.82 times and the net worth per share of GLICL stands at Rs.141.61. Recently, SEBON had approved 100% right shares of Gurans Life Insurance; Paid-up capital to scale up to Rs 1.87 arba post right share capitalisation. 

Second Quarter Report