SICL’s profit soars by 34.86%; EPS stands at Rs 48.88
Sun, May 11, 2014 12:00 AM on Others,
ShareSansar, May 11:
Shikhar Insurance Company Limited stated 34.86 percent increase in its net profit for the third quarter of the current fiscal year 2070/71.
In the unaudited financial report published today, the insurance company has stated increase in the net profit to Rs 8.55 crore as compared to Rs 6.34 crore of the corresponding quarter.
The company’s operational profit has increased to Rs 12.95 crore up from Rs 10.32 crore in this quarter as compared to corresponding quarter.
Likewise, there is increase in the insurance fund from Rs 12.64 crore to Rs 18.21 crore and the reserve also increased to Rs 10.57 crore from Rs 10.42 crore as compared to corresponding quarter of the last fiscal year 2069/70.
The company’s EPS is Rs 48.88; net worth per share is Rs. 263.88 and the P/E ratio 19.23.
