Rastriya Beema Sansthan & Premier Insurance earns Rs16.37 cr & Rs18.57 cr respectively in Q4

Rastriya Beema Company Limited (RBCL) has reported a profit decline by 8.59 percent in the fourth quarter of the last fiscal year 2072/73. According to the unaudited financial report for the fourth quarter the non-life insurer has published today, its net profit decreases to Rs. 16.37 crore in fourth quarter as compared to Rs. 17.91 crore in the corresponding quarter of the last fiscal year 2071/72. The company’s net earnings from premium grew to Rs 26.75 crore in Q4 from Rs. 12.24 crore in the same quarter last year. The insurance company has paid up capital of Rs 12.44 crore and has Rs 95.83 crore in insurance fund. The positive aspect of RBCL’s financial report for the fourth quarter is that its reserve fund has reached Rs 1.81 arba, up from Rs. 1.31 arba in the previous fiscal year. Its earning per share (EPS) stand at Rs 131.63, Price Earning (P/E) ratio is at 58.84 times and net worth per share at Rs. 2331.77. Premier Insurance Company Limited (PIC) has reported a profit growth of 29.69 percent in the fourth quarter of the last fiscal year 2072/73. According to the unaudited financial report for the fourth quarter the non-life insurer has published today, its net profit increases to Rs. 18.57 crore in fourth quarter as compared to Rs. 14.31 crore in the corresponding quarter of the fiscal year 2071/72. The company’s net earnings from premium grew to Rs 46.99 crore in Q4 from Rs. 28.69 crore in the same quarter last year. The insurance company has paid up capital of Rs 37.37 crore and has Rs 26.03 crore in Insurance fund. PIC policy holder has doubled to 12.14 crore in Q4 from 6.72 crore reported in the same period of last year. Its earning per share (EPS) stand at Rs 49.69, Price Earning (P/E) ratio is at 44.37 times and net worth per share at Rs. 200.34. Hurry up; Last day to secure 5% stock dividend of Api Power Company