Kathmandu. Prabhu Mahalaxmi Life Insurance Company has published its unrevised financial statements for the first quarter of the current fiscal year 2083/84.

According to the financial statements, the company has earned a profit of Rs 9.30 crore till September of the current financial year. The company had earned a profit of Rs 6.37 crore till September of the previous financial year. The company’s profit increased by 45.88 percent in the review period compared to the previous financial year.

As of the review year, the company has a paid-up capital of Rs 5.30 billion and Rs 1.93 crore in share premium, Rs 15.83 crore in disaster fund, Rs 51.7 crore in retained earnings and Rs 37.61 crore in other equity.

As of mid-July of the previous year, the company had collected Rs 14.85 crore in share premium, Rs 42.82 crore in retained earnings and Rs 28.37 crore in other equity.

As of the first quarter of the current fiscal year, the life insurance fund of the company stood at Rs 19.71 billion. In the same period last year, the life insurance fund was Rs 14.84 billion. The size of the company’s life insurance fund increased by 32.81 percent in the review year compared to the previous year.

The company has earned a total premium of Rs 1.88 billion till September of the current year. In the same period last year, the company had earned a total premium of Rs 1.44 billion. The company’s total insurance premium has increased by 30.25 percent in the review year compared to the previous year.

The company earned a net insurance premium of Rs 1.81 billion during the review period. In the previous year, the company had earned a net premium of Rs 1.38 billion. The company’s net insurance premium has increased by 30.30 percent compared to the previous year.

The company’s annualized earnings per share (EPS) has increased to Rs 7.01 for the end of the current financial year. EPS was Rs 4.81 in the previous year. The company’s net worth per share is Rs 120.18 with a PE ratio of 61.34 times.