IME Life has posted a net profit of RRs 367.91 million in its Q3 company analysis of the FY 082/83

IME Life Insurance Company has published its unaudited third-quarter financial report for the fiscal year 2082/83, reporting a net profit of Rs 367.9 million during the first nine months of the current fiscal year. The company’s profit increased marginally by 0.43 percent compared to the same period last year.

During the review period, the company’s life insurance fund surged by 42.11 percent to Rs 16.83 billion, while total insurance premium income rose by 38.35 percent to Rs 5.16 billion. Net premium income also increased by 39.18 percent to Rs 5.01 billion.

With a paid-up capital of Rs 5 billion, the company posted an annualized earnings per share (EPS) of Rs 9.81, slightly up from Rs 9.77 in the previous year. The company’s net worth per share stood at Rs 131.49.