See the second quarter reports of ten non-life insurance companies; Shikhar Insurance leads with net profit of Rs 19.66 crore

Prabhu Life Insurance Company (PRIN) has stated rise in net profit by 18.48% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 3.29 crore in Q2 of fiscal year 2074/75, up from Rs 2.92 crore of the corresponding fiscal year. Its paid up capital stands at Rs 68.84 crore. The company’s earnings from premium declined to Rs 18.13 crore in Q2 from Rs 22.25 crore in the corresponding quarter. The reserve fund of the company has also declined to Rs 5.07 crore from the corresponding year’s Rs 5.40 crore. The company’s insurance fund has also increased to Rs 34.69 crore from Rs 26.27 crore in the corresponding quarter of the previous year. Its EPS stands at Rs 9.57 while its PE ratio is at 83.5. The net worth per share of the company amounts to Rs 158. See the Q2 report United Insurance Company (UIC) has stated rise in net profit by 3.67% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 4.06 crore in Q2 of fiscal year 2074/75, up from Rs 3.92 crore of the corresponding fiscal year. Its paid up capital stands at Rs 30.24 crore. The company’s earnings from premium declined to Rs 17.37 crore in Q2 from Rs 19.83 crore in the corresponding quarter. The reserve fund of the company is negative at Rs 4.90 crore from the corresponding year’s Rs 22.48 crore. The company’s insurance fund has also increased to Rs 19.54 crore from Rs 16.15 crore in the corresponding quarter of the previous year. Its EPS stands at Rs 13.46 while its PE ratio is at 96.23. The net worth per share of the company amounts to Rs 150.68. See the Q2 report Everest Insurance Company (EIC) has stated rise in net profit by 14.81% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 2.37 crore in Q2 of fiscal year 2074/75, up from Rs 2.07 crore of the corresponding fiscal year. Its paid up capital stands at Rs 13.36 crore. The company’s earnings from premium increased to Rs 6.39 crore in Q2 from Rs 5.25 crore in the corresponding quarter. The reserve fund of the company has also declined to Rs 7.89 crore from the corresponding year’s Rs 14.20 crore. The company’s insurance fund has also increased to Rs 18.78 crore from Rs 99.26 crore in the corresponding quarter of the previous year. Its annualized EPS stands at Rs 35.57 while its PE ratio is at 53.70. The net worth of the company amounts to Rs 355.49. See the Q2 report Sagarmatha Insurance Company (SIC) has stated rise in net profit by 7.01% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 7.02 crore in Q2 of fiscal year 2074/75, up from Rs 6.56 crore of the corresponding fiscal year. Its paid up capital stands at Rs 53.82 crore. The company’s earnings from premium increased to Rs 45.66 crore in Q2 from Rs 32.34 crore in the corresponding quarter. The reserve fund of the company has also increased to Rs 28.85 crore from the corresponding year’s Rs 13.08 crore. The company’s insurance fund has also increased to Rs 48.87 crore from Rs 39.17 crore in the corresponding quarter of the previous year. Its annualized EPS stands at Rs 13.05 while its PE ratio is at 106.93 The net worth per share of the company amounts to Rs 252.95. See the Q2 report Neco Insurance Company (NIL) has stated rise in net profit by 58.83% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 11.65 crore in Q2 of fiscal year 2074/75, up from Rs 7.33 crore of the corresponding fiscal year. Its paid up capital stands at Rs 78.41 crore. The company’s earnings from premium increased to Rs 47.98 crore in Q2 from Rs 38.59 crore in the corresponding quarter. The reserve fund of the company has also increased to Rs 25.93 crore from the corresponding year’s Rs 12.97 crore. The company’s insurance fund has also increased to Rs 34.26 crore from Rs 21.67 crore in the corresponding quarter of the previous year. Its EPS stands at Rs 29.72 while its PE ratio is at 28.46. The net worth per share of the company amounts to Rs 209.86. See the Q2 report Shikhar Insurance Company (SICL) has stated rise in net profit by 9.16% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 19.66 crore in Q2 of fiscal year 2074/75, up from Rs 18.01 crore of the corresponding fiscal year. Its paid up capital stands at rs 1.05 arba. The company’s earnings from premium increased to Rs 86.59 crore in Q2 from Rs 75.83 crore in the corresponding quarter. The reserve fund of the company has declined to Rs 12.53 crore from the corresponding year’s Rs 20.32 crore. The company’s insurance fund has also increased to Rs 73.37 crore from Rs 54.84 crore in the corresponding quarter of the previous year. Its annualized EPS stands at Rs 37.2 while its PE ratio is at 31.37. The net worth per share of the company amounts to Rs 186.22. See the Q2 report Prudential Insurance Company Limited (PICL) has stated rise in net profit by 55.51% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 6.28 crore in Q2 of fiscal year 2074/75, up from Rs 4.04 crore of the corresponding fiscal year. Its paid up capital stands at rs 42.76 crore. The company’s earnings from premium increased to Rs 24.01 crore in Q2 from Rs 17.78 crore in the corresponding quarter. The reserve fund of the company has also declined to Rs 16.58 crore from the corresponding year’s Rs 20.40 crore. The company’s insurance fund has also increased to Rs 38.57 crore from Rs 26.37 crore in the corresponding quarter of the previous year. Its EPS stands at Rs 29.39 while its PE ratio is at 27.79. The net worth per share of the company amounts to Rs 229.15. See the Q2 report IME General Insurance Company (IGI) has stated rise in net profit by 54.49% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 4.82 crore in Q2 of fiscal year 2074/75, up from Rs 3.12 crore of the corresponding fiscal year. Its paid up capital stands at Rs 54 crore. The company’s earnings from premium increased to Rs 19.10 crore in Q2 from Rs 14.73 crore in the corresponding quarter. The reserve fund of the company has also increased to Rs 11.49 crore from the corresponding year’s Rs 9.35 crore. The company’s insurance fund has also increased to Rs 11.76 crore from Rs 37.52 crore in the corresponding quarter of the previous year. Its annualized EPS stands at Rs 17.86 while its PE ratio is at 57.90. The net worth per share of the company amounts to Rs 128.07. See the Q2 report Lumbini General Insurance Company (LGIL) has stated rise in net profit by 17.47% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 8.20 crore in Q2 of fiscal year 2074/75, up from Rs 6.98 crore of the corresponding fiscal year. The company’s earnings from premium declined to Rs 35.92 crore in Q2 from Rs 36.34 crore in the corresponding quarter. Its paid up capital stands at Rs 88 crore. The reserve fund of the company has also declined to Rs 8.05 crore from the corresponding year’s Rs 13.11 crore. The company’s insurance fund has also increased to Rs 36.86 crore from Rs 27.61 crore in the corresponding quarter of the previous year. Its EPS stands at Rs 19.37 while its PE ratio is at 30.93. The net worth per share of the company amounts to Rs 154.68. See the Q2 report Nepal Insurance Company (NICL) has stated rise in net profit by 13.08% in the second quarter of the FY 2074/75. As per the unaudited report for the second quarter, the insurance company reported net profit of Rs 4.27 crore in Q2 of fiscal year 2074/75, up from Rs 3.78 crore of the corresponding fiscal year. The company’s earnings from premium increased to Rs 18.50 crore in Q2 from Rs 15.53 crore in the corresponding quarter. Its paid up capital stands at Rs 30.19 crore. The reserve fund of the company has also increased to Rs 16.67 crore from the corresponding year’s Rs 14.38 crore. The company’s insurance fund has also increased to Rs 15.71 crore from Rs 9.76 crore in the corresponding quarter of the previous year. Its EPS stands at Rs 13.52 while its PE ratio is at 105.77. The net worth per share of the company amounts to Rs 197.84. See the Q2 report