Prabhu Life Insurance posts net profit of Rs 3.58 crore for Q2 of 2076/77; 64,405 policies currently in force

Wed, Feb 12, 2020 5:25 PM on Financial Analysis, Latest, Stock Market,

Prabhu Life Insurance Company (PRLIL) has published its unaudited second quarterly report for the FY 2076/77. It has reported a net profit of Rs.3.58 Crore till this month which was Rs.2.74 Crore in the corresponding quarter of FY 2075/76.

The net earnings from a premium of Prabhu Life amount to Rs.31.26 Crore which stood at Rs.14.87 Crore in last year's corresponding quarter.

The paid-up capital of the company stands at Rs.1.40 Arba with Rs.14.11 Crore in the reserve and Rs.51.90 Crore in the life insurance fund.

It has 64,405 policies currently in force.

Second Quarter Report