Rastriya Beema Company's financials for Q1 of 2076/77; Net profit rises by 20%, total reserve is Rs 2.49 arba

Wed, Nov 13, 2019 12:12 PM on Financial Analysis, Latest, Stock Market,
Rastriya B...

Rastriya Beema Company Limited (RBCL)'s profit has increased by 20% in the first quarter of the fiscal year 2076/77 compared to the corresponding quarter of the previous year.

Publishing the financial report, it has posted a net profit of Rs 6.10 crore in Q1 of the FY 2076/77, up from Rs 5.08 crore in the corresponding quarter of the FY 2075/76.

While its income from net premium has increased from Rs 6.67 crore to Rs 8 crore at the end of Q1 this year, its income from reinsurance commission has increased to Rs 4.95 crore from Rs 4.89 crore.

It currently has Rs 2.49 arba in reserve with an insurance fund of Rs 1.77 arba. Its paid-up capital stands at Rs 26.66 crore.

Its annualized earning per share stands at Rs 91.52, net worth per share at Rs 1,034.53 and P/E ratio at 368.06 times.

First Quarter Report