United Ajod Insurance Reports Higher Income Despite Falling into Loss

Kathmandu — United Ajod Insurance reported a net loss of Rs 69.7 million by the end of the third quarter of fiscal year 2025/26 A.D. (2082/83 B.S.), reversing from a net profit of Rs 116.1 million recorded during the same period last year.

According to the company’s unaudited financial statement, total income increased to Rs 1.26 billion during the review period, compared to Rs 1.10 billion in the corresponding period of the previous fiscal year.

The company’s net earned premium income also posted strong growth, reaching Rs 986 million by the end of the third quarter, up from Rs 720.4 million a year earlier.

Similarly, gross written premium increased to Rs 2.11 billion during the review period.

Despite the rise in revenue, United Ajod Insurance reported negative earnings per share (EPS) of Rs 4.03. During the same period last year, the company had posted positive EPS of Rs 7.37.

Net worth per share stood at Rs 174.73, while the company’s price-to-earnings ratio remained negative at 116.10 times.

United Ajod Insurance, which has a paid-up capital of Rs 2.31 billion, has maintained Rs 47 million in its catastrophe reserve fund and Rs 54.9 million in its reserve fund.

The company’s total assets increased to Rs 7.82 billion during the review period.