Rastriya Beema Company reports net profit of Rs.78.13 Crore by the end of Q4; net worth per share crosses thousand rupees mark

Rastriya Beema Company Limited (RBCL)'s profit has increased by 41.82% in the fourth quarter of the fiscal year 2075/76 compared to the corresponding quarter of the previous year.

Publishing the financial report, it has posted net profit of Rs 78.13 crore in Q4 of the FY 2075/76, up from Rs 55.09 crore in the corresponding quarter of the FY 2074/75.

While its income from net premium has increased from Rs 22.69 crore to Rs 34.87 crore at the end of Q4 this year, its income from reinsurance commission has increased to Rs 17.95 crore from Rs 1.95 crore.

It currently has Rs 2.46 arba in reserve with insurance fund of Rs 1.74 arba. Its paid up capital stands at Rs 26.66 crore.

Its annualized earning per share stands at Rs 266.65, net worth per share at Rs 1023.09 and P/E ratio at 34.69 times.