Jyoti Life Insurance Company reports net profit of Rs.12.46 Crore for fourth quarter end; EPS stands at Rs.8.09

Jyoti Life Insurance Company Limited (JLICL) has earned a net profit of Rs 12.46 crore in the Q4 of 2075/76 fiscal year. The profit of the company has slightly increased 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 massively to Rs 98.77 crore in Q4 2075/76 from Rs 27.75 crore in the corresponding quarter of last fiscal year.

The company's number of policyholders has increased to 19,111 in Q4 2075/76 from 7,691 in the corresponding quarter of the last fiscal year.

The insurance company has a paid-up capital of Rs 1.54 arba with a reserve of Rs 23.20 crore in Q4 2075/76. The company’s life insurance fund stands to Rs 72.88 crore.

Its EPS stands at Rs 8.09, net worth per share at Rs 116.75. The company is yet to float IPO to the general public.