Rastriya Beema Sansthan earns Rs 44.16 lakh net profit in the first quarter

Rastriya Beema Sansthan (RBS) has earned net profit of Rs 44.16 lakh in the Q1 of fiscal year 2075/76. The net profit previously was Rs 43.86 lakh in the same quarter of FY 2074/75.

As per the unaudited report for the first quarter published today, the net earnings from premium rose to Rs 72.59 crore in Q1 from Rs 64.65 crore in the corresponding quarter. 

RBS has a paid-up capital of Rs 18.10 crore with reserve of Rs 17.41 crore. Likewise, the company’s insurance fund has increased to Rs 16.21 arba from Rs 13.67 arba in the corresponding quarter.