SuryaJyoti Life Reports Rs 10.29 Million Profit; Life Insurance Fund Exceeds Rs 54 Billion

Kathmandu — SuryaJyoti Life Insurance Company Limited recorded growth in most of its key financial indicators during the first quarter of the current fiscal year mid-July to , 2026/27 (Shrawan to Ashoj, 2093/84 ), according to its quarterly financial statements. The company reported increases in its life insurance fund, net premium income, total income, and income from investments and loans compared with the same period last year.

The company’s life insurance fund grew by 23.74 percent to Rs 54.24 billion by mid-October, up from Rs 43.83 billion in the corresponding period last year.

Similarly, net premium income increased by 21.28 percent to Rs 3.54 billion, compared with Rs 2.92 billion in the first quarter of the previous fiscal year.

Income from investments and loans rose by 5.83 percent to Rs 943.60 million. The company’s total income increased by 17.55 percent to Rs 4.65 billion, while total expenses grew by 19.18 percent to Rs 4.50 billion.

The catastrophe reserve fund increased by 2.09 percent, while reserves and retained earnings rose by 11.78 percent. Total claim payments increased by 20.93 percent to Rs 3.57 billion. Meanwhile, agent commission expenses rose by 32.07 percent to Rs 288.40 million.

Despite improvements in most financial indicators, the company’s net profit declined by 15.95 percent to Rs 102.90 million during the review period, down from Rs 122.40 million in the same period last year. Earnings per share (EPS) also fell to Rs 8.22 from Rs 9.78.