Mahalaxmi Life Insurance provides impressive reports with Rs 24.93 crores earnings from premium
Thu, Aug 15, 2019 5:14 PM on Financial Analysis, Latest, Stock Market,
In its short period of operation, Mahalaxmi Life Insurance Company published the following results for the fourth quarter of FY 75/76. The paid up capital of the company stands at Rs.1.40 Arba. The company has Rs 11.87 Crore in its reserves and life insurance fund stands at Rs.14.97 Crore.
The company posted commendable earnings of Rs.24.93 Crore through means of premium. Net profit by the end of the fourth quarter stands at Rs.11.13 Crore. The company currently has 2777 policies.
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