Rastriya Beema Company registers 5.895% rise in profit; EPS stands at Rs 76.28 in Q1

Rastriya Beema Company Limited (RBCL)'s profit has increased by 5.89% in the first quarter of the fiscal year 2074/75.

Publishing the financial report, it has posted net profit of Rs 5.08 crore in Q1 of the FY 2075/76, up from Rs 4.80 crore in the corresponding quarter of the FY 2074/75.

While its income from net premium has decreased from Rs 7.45 crore to Rs 6.67 crore at the end of Q1 this year, its income from reinsurance commission has increased to Rs 4.89 crore.

The majority income of RBCL has been attributed to returns on its investments, which has increased to Rs 7.48 crore this year.

It has Rs 2.09 arba in reserve whereas insurance fund amounts to Rs 1.37 arba. Its paid up capital stands at Rs 26.66 crore.

Its earning per share stands at Rs 76.28, net worth per share at Rs 886.11 and P/E ratio at 131 times.