Prudential Ins. profit soars by 41.44%; P/E stands at 45.90 times
Mon, Feb 16, 2015 12:00 AM on Financial Analysis,
ShareSansar, February 16:
Prudential Insurance Company Limited (PICL) stated 41.44 percent increase in its net profit for the second quarter of the current fiscal year 2071/72.
In the unaudited financial report published today, the insurance company has stated increase in the net profit to Rs 2.70 crore as compared to Rs 1.91 crore of the corresponding quarter.
Likewise, there is increase in the insurance fund from Rs 7.32 crore to Rs 10.83 crore and the reserve also increased to Rs 5.64 crore from Rs 4.89 crore as compared to corresponding quarter of the last fiscal year 2070/71.
The company’s EPS is Rs 10.01; net worth per share is Rs. 161.03 and the P/E ratio is 45.90 times.
