Surya Life Insurance post EPS of Rs. 19.12 with Net worth per share at Rs. 143.78 in Q2; the net profit increases to Rs. 108.22 million

Wed, Feb 13, 2019 11:36 AM on Financial Analysis, Latest, Stock Market,

Surya Life Insurance Company Limited (SLICL) has published its unaudited second quarterly report for the FY 2075/76 today.

It has reported a net profit of Rs 10.82 crore in the second quarter of the 2075/756 which was Rs 7.26 crore in the corresponding quarter of FY 2074/75.

The company collected Rs 95.33 crore as net earnings from premium in the Q2 which is an increment from the corresponding quarter of Rs. 68.12 crore. The life insurance fund of the company is Rs 4.30 arba .

The paid-up capital of the company stands at Rs 1.13 arba with Rs 43.14 crore in the reserve.

The EPS of SLICL stands at Rs 19.12 and Net worth per share at Rs 143.78. Also, the P/E ratio of the life insurance company is 28.92 times. The company will soon float 70% right share, afterwards its paid up capital will reach Rs 1.92 arba. 

Q2 report