National Life earned a profit of 148 million rupees in the first quarter, insurance fund close to 1 billion
Kathmandu. National Life Insurance Company Limited has earned a net profit of Rs 148 million in the first quarter of the current financial year. The company's net profit has increased by 1.81 percent compared to Rs. 138.3 million earned in the first quarter of last year.
Similarly, during the review period, the net insurance fee earned by the company increased by almost 14 percent to 5.52 billion 94 million rupees compared to 4.85 billion 11 million rupees in the current year. As of the end of October of last year, the life insurance fund of the company was 75 billion 741 million rupees, and in the same period of the current year, it has increased by 24.72 percent to 93 billion 63 million 52 million rupees.
On the other hand, the total income of the company increased by 9.23 percent from 6.69 billion 36 million rupees to 7.31 billion 14 million rupees, while the total expenses also increased by 10.58 percent from 6.3 billion 30 million rupees to 6.96 billion 91 million rupees. This company has given a commission of 426 million rupees to its agents in the last three months of the current year, which has increased by almost 12 percent to 477 million rupees in the three months of the current year.
The earnings per share of the company has decreased by 36 paise to Rs 10.30. Last year, the company's earnings per share was Rs 10.66. The net worth per share of the company is Rs 131.54. The paid up capital of this company is 5 billion 47 crore 27 lakh rupees, the share premium of this company is 2 crore 78 lakh rupees, 68 crore 13 lakh rupees in disaster fund and 638 crore rupees in reserve fund.
Express
Related News
Appointment of new leadership in the Federation of Transport Professionals, demand to stop uncontrolled foreign vehicles
Kathmandu. The newly elected Central Executive Committee of the National Federation of Nepal Transport Professionals has formally taken charge. A new working committee was installed in a special ceremony held in the capital. The chief guest of the...
Naima Expo ends, enthusiastic participation of 180,000 visitors
Kathmandu. Nepal Mobility Expo 2026 has concluded in Naima. The Naima Expo, which was officially inaugurated on July 26, was concluded today with the enthusiastic attendance of more than 180,000 visitors.
More than 30,000 people observed the...
The price of gold continues to rise, exceeding 277,000 tolas
Kathmandu. As the wedding season begins, the price of gold is constantly increasing. There have been some fluctuations in the price of silver. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of printed gol...
Foreign currency exchange rates: what is the value of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has set the official exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 152 rupees 39 paisa and the selling rate has been fixed at 152 rupees 99 p...
Instruction of the Ministry of Education to refund the fees charged against the law to the students
Kathmandu. The Ministry of Education, Science and Technology has directed to refund the fees charged illegally by the institutional schools across the country to the students. The ministry has issued a statement on Wednesday asking for strict acti...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...



