Sanima Life Insurance publishes quarterly report for Q4; net profits increase to Rs.8.91 Crore with net premium earnings of Rs.41.79 Crore

Sanima Life Insurance Company Limited has published its fourth-quarter report for the fiscal year 2075/76.

According to the unaudited data published today, the net profit of the company stands at Rs 8.91 crore in the Q4 of the FY 2075/76 which was Rs 6.33 crore in the corresponding quarter of the FY 2074/75.

The company’s earnings from net premium is reported as Rs 41.79 crore in current FY which has increased from the previous year’s quarter of  Rs. 9.35 crores. Similarly, the number of insurance schemes has increased to 17,602, which was 2,884 in the previous year’s fourth quarter.

The paid-up capital stands at Rs 1.40 arba with Rs 14.43 crore in the reserves and surplus and Rs 22.28 crore in life insurance fund.