Prime Life Insurance reports decent growth in Q1 with 20.47% growth in net profit; EPS stands at Rs. 21.39
Prime Life Insurance Company Limited (PLIC) has published its first-quarter report of the fiscal year 2077/2078 with an increase in Net Profit by 20.47% compared to the corresponding quarter of the previous year. The company’s net earnings increased to Rs. 12.07 crores in this quarter.
The company has Rs. 12.37 Arba in life insurance fund. The Net Premium rose by 40.72% to Rs. 1.10 arba in FY 2077/2078. Its annualized earnings per share (EPS) stood at Rs. 21.39.
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