National Life earned a profit of 148 million rupees in the first quarter, insurance fund close to 1 billion
-
Media Baaji
- Fri, 14 November 2025
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
Import of petroleum products worth 54 billion 12 crores in four months through Birganj route
Birganj. In the four months of the current financial year, petroleum products worth Rs 54.12 billion have been imported through the Birganj border. 22 billion 900 million revenue has been collected from diesel, petrol,...
The tenth amendment of the National Bank Act 2058
Kathmandu. The Ministry of Finance has started the process of amending the existing legal structure related to Nepal Rastra Bank. The ministry has released the draft of the bill to amend the Nepal Rastra Bank Act, 2058 and has sought opinions and...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one American dollar is 145 rupees 27 paisa and the selling rate is 145 rupees 87 paisa. Simi...
Foreign Minister calls on Chinese investors to invest in Nepal
Kathmandu. Foreign Minister Shishir Khanal has called on Chinese investors to invest in Nepal and jointly contribute to building the next chapter of 'trans-Himalayan' prosperity. He, who is on a four-day official visit to China, made this call whi...
9-point agreement between government and meterbay victims, suspension of 9-day long protest
Kathmandu. The protest against Meterbaz, which has been going on for the past 9 days, has finally been suspended after 9 points have been agreed between the government and the victims. After the 'Pedal Nyaya March' which started from Janakpur's Tr...
US dollar and pound rise: Here are today's foreign exchange rates
Kathmandu. Nepal Rastra Bank has determined the new exchange rate of foreign currency for Thursday. According to the Central Bank, there has been an increase in the price of the American dollar today, the buying rate of which has remained at 144 r...