See the latest quarterly performance of Everest, Lumbini, Himalayan, United, Prabhu and IME General insurance

Everest Insurance Company (EIC) has stated decrease in net profit by 20.91% in the fourth quarter of the FY 2074/75.

As per the unaudited report for the fourth quarter, the insurance company reported net profit of Rs 3.72 crore in Q4 of fiscal year 2074/75, from Rs 4.71 crore of the corresponding fiscal year. Its paid up capital stands at Rs 13.36 crore.

The company’s earnings from premium increased to Rs 10.52 crore in Q4 from Rs 4.35 crore in the corresponding quarter.

The reserve fund of the company has also increased to Rs 10.84 crore from the corresponding year’s Rs 7.92 crore. The company’s insurance fund has also increased to Rs 19.45 crore from Rs 17.59 crore in the corresponding quarter of the previous year.

Its EPS stands at Rs 27.90 while its PE ratio is at 88.52 times. The net worth per share of the company amounts to Rs 382.72.

Lumbini General Insurance Company (LGIL) has stated rise in net profit by 24.97% in the fourth quarter of the FY 2074/75.

As per the unaudited report for the fourth quarter, the insurance company reported net profit of Rs 23.87 crore in Q4 of fiscal year 2074/75, up from Rs 19.10 crore of the corresponding fiscal year.

The company’s earnings from premium increased to Rs 77.93 crore in Q4 from Rs 75.12 crore in the corresponding quarter. Its paid up capital stands at Rs 88 crore.

The reserve fund of the company has declined to Rs 14.75 crore from the corresponding year’s Rs 18.81 crore. The company’s insurance fund has increased to Rs 44.54 crore from Rs 33.31 crore in the corresponding quarter of the previous year.

Its EPS stands at Rs 27.13 while its PE ratio is at 20.27. The net worth per share of the company amounts to Rs 171.88.

United Insurance Company (UIC) has stated decline in net profit by 8.35% in the fourth quarter of the FY 2074/75.

As per the unaudited report for the fourth quarter, the insurance company reported net profit of Rs 15.85 crore in Q4 of fiscal year 2074/75, from Rs 17.30 crore of the corresponding fiscal year. Its paid up capital stands at Rs 30.24 crore.

The company’s earnings from premium declined to Rs 28.38 crore in Q4 from Rs 36.91 crore in the corresponding quarter.

The reserve fund of the company is at Rs 2.97 crore from the corresponding year’s negative Rs 7.67 crore. The company’s insurance fund has also increased to Rs 29.40 crore from Rs 16.77 crore in the corresponding quarter of the previous year.

Its EPS stands at Rs 52.44. The net worth per share of the company amounts to Rs 209.35.

IME General Insurance (IGI) has reported decent rise in its net profit by 102.67% in the fourth quarter of the ongoing fiscal year 2074/75.

Publishing the financial report today, it stated net profit of Rs 16.87 crore in Q4 of the FY 2074/75, up from Rs 8.32 crore in the corresponding quarter of the FY 2073/74.

While its income from net premium has also increased from Rs 30.29 crore to Rs 43.32 crore at the end of Q4 this year, its income from reinsurance commission has increased to Rs 13.31 crore.

Its paid up capital stands at Rs 54 crore and after the issuance of 80 percent right share its capital will reach Rs 97.20 crore. Thus to meet the capital requirement of Rs 1 arba, it should hike its capital by Rs 2.8 crore (around 2.88%). It has Rs 17.79 crore as insurance fund.

Its annualized earning per share stands at Rs 31.25, net worth per share at Rs 154.28 and P/E ratio at 28.48 times.

Prabhu Insurance Company Limited (PRIN) has stated growth in its net profit by 34.48% in the fourth quarter of the ongoing fiscal year 2074/75.

Publishing the financial report today, it stated net profit of Rs 31.34 crore in Q4 of the FY 2074/75, up from Rs 25.76 crore in the corresponding quarter of the FY 2073/74.

Along with its net profit, its income from net premium has increased from Rs 43.58 crore to Rs 39.15 crore at the end of Q4 this year. Its income from reinsurance commission has increased to Rs 13.80 crore.

Its current paid up capital stands at Rs 68.84 crore after the adjustment of 19.20% bonus from the net profit of FY 2073/74. It has reserve fund of Rs 21.55 crore and insurance fund amounts to Rs 34.14 crore.

Its annualized earning per share stands at Rs 32, net worth per share at Rs 214 and P/E ratio at  35 times.

Himalayan General Insurance Company Limited (HGI) has stated increase in its net profit by 15.81% in the fourth quarter of the ongoing fiscal year 2074/75.

Publishing the financial report today, it has posted net profit of Rs 14.06 crore in Q4 of the FY 2074/75, up from Rs 12.14 crore in the corresponding quarter of the FY 2073/74.

While its income from net premium has also increased from Rs 27.87 crore to Rs 32.92 crore at the end of Q4 this year, its income from reinsurance commission has decreased to Rs 10.03 crore.

Its current paid up capital stands at Rs 1.02 arba with Rs 16.33 crore in reserve and insurance fund amounts to Rs 40.13 crore.

Its earning per share stands at Rs 13.70, net worth per share at Rs 154.97 and P/E ratio at 32.86 times.