NB insurance registers net profit of Rs 1.16 crore from loss of Rs 11.29 lakhs

NB Insurance Company Limited (NBIL) has posted a net profit of Rs 1.16 crore in the second quarter of the fiscal year 2072/73. In Q2 of last fiscal year the company had reported a net loss of 11.29 lakhs.

NBIL’s paid up capital remains at Rs 24.49 crore which includes Rs 9.49 crore calls  in advance of 10:8 right share. It has reserve of Rs 6.07crore.

The insurance fund of the company remains at Rs 4.33 crore in Q2. NB Insurance policy holder reached to 6,593 in Q2.

NBIL Earning per Share (annualized) stands at Rs 10.79 and net worth per share at Rs 69.26.