SuryaJyoti Life Profit Up 11.69% in Q3, First to Publish 9-Month Report

SuryaJyoti Life Insurance Company has released its unaudited third-quarter financial report for FY 2082/83, becoming the first insurer to publish nine-month results this year.

The company posted a net profit of Rs 330.3 million, up 11.69% from the same period last year. Its life insurance fund grew by 22.76% to Rs 48.43 billion.

During the review period, gross premium income increased by 14.49% to Rs 8.74 billion, while net premium rose 14.67% to Rs 8.61 billion.

The company’s EPS improved to Rs 8.79, with a net worth per share of Rs 125.49, indicating steady financial growth.