A Significant Increase in the Profitability of IGI Prudential Insurance, such is the Overall Financial Situation

Kathmandu : Most of the financial indicators of IGI Prudential Insurance have increased. This was shown in the first quarter financial statement of the current financial year published by the company.

According to the published financial statement, the company has earned a net profit of Rs.5 crore 11 lakh in the first quarter of the current financial year. The company earned Rs.3.4 million during the same period of last financial year.

of the current financial year As of October, the company has 72.1 million rupees in its disaster fund and 11.95 million rupees in its reserve fund.

In the first quarter of the current financial year, the company has earned a total insurance fee of 583.4 million rupees. During the same period of the last financial year, the company earned a total insurance fee of Rs.389.5 million.

The company earned a net insurance fee of Rs.225 million during the review period. During the same period of the last financial year, the company earned a net insurance fee of amount.

During the review period, the company has spent Rs.1 crore 44 lakh on agent commission. By the end of October, the company’s earnings per share are Rs.6 75 paisa and net worth per share is Rs.160 20 paisa.