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Shikhar Insurance
National Life

IGI Prudential Insurance’s profit fell by 43 percent, what are the other indicators?

Hyundai
NCELL
NIMB

Kathmandu. IGI Prudential Insurance Limited has released its unaudited financial statements for the third quarter of the current fiscal year.

The company has earned a net profit of Rs 265.1 million as of mid-Chait of the current fiscal year. This is 43.31 percent less than the same period last year. The company had earned a net profit of Rs 467.6 million in the same period last year.

The company’s net earned insurance premiums increased by 7.12 percent during the review period, while total income decreased by 10.28 percent.

The company has a paid-up capital of Rs 3.29 billion, a reserve fund of Rs 1.81 billion, a disaster fund of Rs 92.2 million, retained earnings of Rs 125.2 million, and other equity of Rs 554.2 million.

Similarly, the company’s EPS is Rs 11.67, PE ratio is 48.43, and net worth per share is 185.30.

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