IME General Insurance reports net profit of Rs 17.12 crore with EPS of Rs 16.78; Net worth per share for Q4 2075/76 stands at Rs 143.77

IME General Insurance Limited (IGI) has earned a net profit of Rs 17.12 crore in the Q4 of 2075/76 fiscal year. The profit of the company has increased by 1.45% in this quarter compared to the corresponding quarter of last fiscal year.

As per the unaudited report published today, the net earnings from premium has increased to Rs 51.30 crore from Rs 43.32 crore in the corresponding quarter of last fiscal year.

The company's number of policyholders has increased by 26.32% to 63,182 compare to 50,016 in the corresponding Q4 of last fiscal year.

The insurance company has a paid-up capital of Rs 1.02 arba with a reserve of Rs 18.22 crore in Q4 2075/76.

The company’s insurance fund has increased to Rs 26.43 crore in this quarter from Rs 17.79 crore in the corresponding quarter of the last fiscal year.

The annualized EPS stands at Rs 16.78 with net worth per share of Rs 143.77. The PE Ratio stands at 21.75 times as of the fourth quarter end.

Q4 report