Prudential Insurance Company reports 17% fall in net profit for Q4 of 2075/76; EPS and net worth per share stands at Rs 20.53 and 208.71 respectively

Prudential Insurance Company Limited (PICL) has stated fall in its net profit by 17.02% in the fourth quarter of the ongoing fiscal year 2075/76.

Publishing the financial report, the non-life insurance company stated that it earned a net profit of Rs 13.17 crore in Q4 of the FY 2075/76, down from Rs 15.87 crore in the corresponding quarter of the FY 2074/75.

Its net income from premium (net) has decreased from Rs 47.52 crore to Rs 46.11 crore at the end of Q4 this year.

Its current paid up capital stands at Rs 64.15 crore. It has a reserve fund of Rs 19.21 crore and the insurance fund amounts to Rs 46.34 crore.

Its earning per share stands at Rs 20.53, net worth per share at Rs 208.71 and P/E ratio at 27.03 times.

Q4 report