Shikhar Insurance posts annualized EPS of Rs 43.95 till Q2; Net worth per share at Rs 272.14
Wed, Feb 12, 2020 1:10 PM on Financial Analysis, Latest, Stock Market,
Shikhar Insurance Company Limited (SICL) net profit has increased by 9.60% in the second quarter of the fiscal year 2076/77. The company net profit has increased from Rs.21.20 Crore in the corresponding quarter to Rs.23.23 Crore in the Q2 of the FY 2076/77.
The net earnings from premium stood at Rs.90.56 Crore till Q2 of FY 2076/77. The company has earned Rs.10.44 Crore from investment, loans, and others while its reinsurance income stands at Rs.26.26 Crore.
Shikhar Insurance has a paid-up capital of Rs.1.05 Arba with a reserve and surplus of Rs.57.32 Crore. It has Rs.1.17 Arba in insurance fund and Rs.7.33 Crore in the contingent fund.
Annualized EPS and net worth per share stand at Rs.43.95 and Rs.272.14. The quarter-end P/E ratio of the company is at 21.23 times.
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