IME Life Insurance net profit in Q2 amounts to Rs 6.18; EPS & Net worth per share stands at Rs 8.83 & Rs Rs 106.98 respectively

Wed, Feb 14, 2018 6:01 AM on Latest, Financial Analysis, Featured, Stock Market,
IME Life Insurance Company Limited has published second quarter report of the FY 2074/75. As per the report published by the insurance company, it has posted net profit of Rs 6.18 crore till the end of Q2 which was only Rs 3.01 crore in the previous quarter i.e. Q1 FY 2074/75. It has collected net insurance premium of Rs 10.36 crore. Its current paid up capital stands at Rs 1.40 arba. The company’s reserve amounts to Rs 6.53 crore and life insurance fund amounts to Rs 2.51 crore. Till date, 11,690 policies have been sold by the company. Its annualized EPS stands at Rs 8.83 and net worth per share stands at Rs 106.98.