Reliable Nepal Life Insurance reports 51.06 percent growth in net profit; EPS stated at Rs 9.13 per share

Reliable Nepal Life Insurance Limited (RENLICL) has published its fourth quarterly financial for the fiscal year 2074/75.

According to the unaudited data published, the net profit of the company stands at Rs 12.78 crore in the Q4 of the fiscal year 2074/75 which was Rs 8.46 crore in the Q4 of the fiscal year 2073/74.

The company’s earnings from net premium is reported as Rs 34.49 crore in the last quarter which has increased from previous year’s quarter of  15.21 crore. Similarly the number of insurance schemes has increased to 1.23 lakh, which was 59.35 thousand in the previous year’s 4^th quarter.

The paid up capital stands at Rs 1.40 arba with Rs 13.27 crore in the reserves and surplus.  Similarly it's EPS stands at Rs 9.13 per share and net worth per share stands at Rs 109.48. Fourth quarter report