Reliable Nepal Life Insurance reports net profit of Rs 5.81 crore for Q1 2076/77; Annualized EPS in Rs 16.61

Reliable Nepal Life Insurance Limited has published its first-quarter report for the fiscal year 2076/77.

According to the unaudited data published today, the net profit of the company stands at Rs 5.81 crore in the Q1 of the FY 2076/77 which was Rs 5.25 crore in the corresponding quarter of the FY 2075/76.

The company’s earnings from net premium is reported as Rs 38.76 crore in current FY which has increased from the previous year’s quarter of Rs. 22.21 crores.

The paid-up capital stands at Rs 1.40 arba with Rs 49.95 crore in the reserves and surplus and Rs 71.18 crore in life insurance fund.

It's annualized EPS stands at Rs 16.61 per share and net worth per share stands at Rs 136.57.

First Quarter Report