Kathmandu. Prabhu Mahalaxmi Life Insurance Company has earned a net profit of Rs 13.31 crore in the first six months of the current FY. The profit decreased by 27.07 percent compared to the same period of the previous year. The company had posted a net profit of Rs 18.25 crore in the same quarter last year.

Total income of the company increased by 13.30 percent to Rs 3.37 billion. As of mid-January, the life insurance fund of the company stood at Rs 15.85 billion. It was 33.31 percent compared to the same period last year.

The income of self-insurance premium has increased by 22.47 percent to Rs 2.77 billion by mid-January.

Similarly, the total expenses of the company stood at Rs 3.23 billion. During this period, the company has paid a commission of Rs 26.61 crore.

The company has paid-up capital of Rs 5.30 billion with EPS of Rs 5.02 and net worth per share of Rs 113.02.