Jyoti Life Insurance Company’s profit declines in the 3rd quarter; EPS stands at Rs 4.20

Mon, May 7, 2018 1:15 AM on Financial Analysis, Latest, Stock Market,

Jyoti Life Insurance Company (JLICL) 3rd quarterly report witnessed decline of 19.49% in the net profit. The net profit of the insurance company amounts to Rs 6.46 crore in the third quarter of the current fiscal year which was Rs 8.02 crore in the second quarter of the same fiscal year.

The insurance company has collected Rs 10.90 crore as earnings from premium which was just Rs 2.92 crore in the second quarter of the current year.

It has Rs 9.80 crore as Life insurance fund. The paid up capital of the company is 1.54 arba with Rs 7.42 crore in the reserve.

The earning per share of the company stands at Rs 4.20 and net worth per share is Rs 111.19.