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July 28, Kathmandu. IGI Prudential InsuranceProfits increased 2.5 times.
According to the company’s fourth quarter financial statements, the net profit was Rs 61 crore 21 lakh crore. In the previous fiscal 2079/80, such profit was Rs 23 crore 84 lakh crore.
The company’s profit was contributed by an increase in net premium income, which stood at Rs 744.2 crore in the previous fiscal and Rs 104.1 crore in the previous fiscal. The company’s investment and loan income stood at Rs 21.94 crore in the last fiscal and Rs 57.57 crore in the previous year.
The company’s earnings per share also increased. Revenues stood at Rs 7 87 paise in the previous financial year and Rs 20 21 paise in the previous financial year. The company’s net worth per share stood at Rs 187 70 paise, while the company’s share price was around Rs 730 per share on Monday.
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