Rastriya Beema Sanstha’s net profit rises by 122.42% in the third quarter
Thu, May 17, 2018 1:32 AM on Financial Analysis, Latest, Stock Market,
Rastriya Beema Sanstha (RBS) has published its third quarter report for the FY 2074/75. The report shows rise in the net profit by 122.42% to Rs 1.47 crore which was Rs 66.10 lakh in the corresponding quarter of the previous year.
The unaudited financial report published today also shows that its net earnings from premium has decreased to Rs 2.60 arba in the third quarter of the current fiscal year which was Rs 2.93 arba in the third quarter of the last fiscal year.
Its reserve has decreased from Rs 30.20 crore in the corresponding quarter of the previous year to Rs 16.47 crore in the current quarter. Its life insurance fund stands at Rs 14.03 arba.
RBS has paid up capital of Rs 18.10 crore.
