Surya Life Insurance’s EPS stands at Rs 22.36 in Q1; Reliance Life Insurance earns Rs 1.77 crore net profit

Thu, Nov 15, 2018 11:29 AM on Financial Analysis, Latest, Stock Market,

Surya Life Insurance Company Limited (SLICL) has published its unaudited first quarterly report for the FY 2075/76. It has reported a net profit of Rs 6.32 crore in the first quarter of the 2075/756 which was Rs 5.22 crore in the corresponding quarter of FY 2074/75.

The company collected Rs 41.19 crore as net earnings from premium in the first quarter which is an increment from the corresponding quarter’s Rs 34.96 crore. The life insurance fund of the company is Rs 3.89 arba .

The paid up capital of the company stands at Rs 1.13 arba with Rs 39.09 crore in the reserve.

The Earning per share (EPS) of SLICL stands at Rs 22.36 and Net worth per share at Rs 139.81. Also, the P/E ratio of the life insurance company is 26.70 times.

Reliance Life Insurance Company (RLIL) has also published their unaudited financial report for the first quarter of the current fiscal year. The profit has been reported as Rs 1.77 crore in the first quarter.

The insurance company collected Rs 9.65 crore as earnings from premium in the Q1 of FY 2075/76.

The paid up capital of the company is Rs 1.47 arba with Rs 9.91 crore in the reserve and surplus. It has Rs 9.33 crore in the life insurance fund of the company.

The company has been able to issue 5,011 insurance policies for the fiscal year 2075/76.