Himalayan Life Insurance Reports 8.49 Percent Net Profit Growth in Q3, Life Insurance Fund Surges to Rs 73.77 Billion

Kathmandu — Himalayan Life Insurance Limited has reported a net profit of Rs 472.4 million for the third quarter of the current fiscal year, reflecting an 8.49% increase compared to Rs 435.4 million posted during the same period last year.

As per the financial statement published by the company today, the insurer continues to demonstrate financial resilience and growth. The company’s life insurance fund has expanded significantly, rising from Rs 61.65 billion to Rs 73.77 billion by the end of Chaitra.

The insurer’s total income reached Rs 18.48 billion during the review period, up from Rs 16.69 billion last year. Although there was a marginal dip in net insurance premium—slightly decreasing from Rs 12.23 billion to Rs 12.18 billion—the overall income growth indicates diversified revenue sources. On the total expenditure front, total outlay increased to Rs 17.14 billion, compared to Rs 16.26 billion in the corresponding period last year.

Himalayan Life currently maintains a robust financial structure, with a paid-up capital of Rs 9.14 billion. The company also holds Rs 470.8 million in its disaster fund and approximately Rs 1.10 billion in its reserve fund.

Despite the increase in net profit, the company’s earnings per share (EPS) declined from Rs 7.24 to Rs 6.75 during the period. Meanwhile, net worth per share stood at a stable Rs 116.07.