Net profit of Reliable Nepal Life Insurance stands at Rs.13.25 Crore; EPS and net worth per share at Rs.18.95 and Rs.143.98 respectively

Wed, Feb 12, 2020 2:46 PM on Financial Analysis, Latest,

Reliable Nepal Life Insurance Limited has published its second quarter report for the fiscal year 2076/77.

According to the unaudited data published today, the net profit of the company stands at Rs.13.25 Crore in the Q2 of the FY 2076/77 which was Rs.9.92 Crore in the corresponding quarter of the FY 2075/76.

The company’s earnings from net premium is reported as Rs.86.11 Crore in current FY which has increased from the previous year’s quarter of Rs.49.45 Crore.

The paid-up capital stands at Rs.1.40 Arba with Rs.56.65 Crore in the reserves and surplus and Rs.87.26 Crore in life insurance fund.

It's annualized EPS stands at Rs.18.95 per share and net worth per share stands at Rs.143.98.